Global law firm Ashurst is advising Pontegadea in connection with its participation in the consortium to acquire 100% of Qube Holdings Limited (ASX:QUB), one of Australia's largest providers of integrated import and export logistics services, as part of a consortium led by Macquarie Asset Management.
The proposed acquisition of Qube by scheme of arrangement values the company at approximately $11.7 billion. This landmark deal demonstrates institutional demand for high-quality Australian logistics and infrastructure assets.
Partner Tony Damian said:
"The transaction reflects the continuing strong levels of activity in the Australian M&A market."
The Ashurst team is led by partners Tony Damian and Will Mason, who were assisted by: senior associate Rosie Maguire (Corporate Transactions); partners Sanjay Wavde and Elke Bremner, counsel Paul Glover, and senior associates Daniel Richards and Michael Luu (Tax); and partner Alyssa Phillips and associate Chelsea Toner (Competition).
