Macquarie-Led Consortium Acquires Qube Holdings for $11.7 Billion

A consortium led by Macquarie Group agreed to acquire Qube Holdings, Australia's largest container terminal operator, in a $11.7 billion deal. The transaction, valued at A$17.50 per share, represents a 26.4% premium to Qube's closing price on February 16, 2026. The consortium includes Macquarie, KKR, and a Japanese investor. Qube shareholders will receive a combination of cash and Macquarie Infrastructure Partners (MIP) units. The deal is expected to close by mid-2026, subject to regulatory approvals and shareholder votes.