ASX Announcements
Notification regarding unquoted securities - QUB
Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)
Notification regarding unquoted securities - QUB
Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)
Change in substantial holding
Change in substantial holding
Change in substantial holding
November
Macquarie’s ‘bittersweet’ $11.6b Qube bid backed by big investors
The takeover offer for the ASX-listed logistics group is being supported by some institutions, but others think the infrastructure investor could pay more.
Macquarie makes its biggest-ever local bet with $11.6b Qube bid
The sprawling logistics operator is one of the last large infrastructure plays on the ASX, and some brokers suggest its suitor will have to increase its offer.
Eyes on Brookfield as Macquarie waltzes in with $11.6b bid for Qube
Locked out of owning 100 per cent of Patrick, Brookfield’s dealmakers are understood to be considering their position.
Why Macquarie’s next big bet is in Australia
The first order of business for Qube’s new chairman is to hope Macquarie comes good on a $11.6 billion buyout.
Macquarie brings in advisers for $11.6b Qube bid
Mac has had access to some due diligence, but requires further work and approvals from FIRB and ACCC.
October
Goldman says ASX pullback getting more likely. It’s buying 12 stocks
Low quality and heavily shorted stocks have driven the big rally on the sharemarket since April. But one revered bank thinks investors should change tactics.
August
No customers for new Sydney rail hub a year after opening
Qube’s new interstate rail terminal at the Moorebank logistics park has not signed up any new customers despite opening more than a year ago.
ASX jumps 1.1pc to end above 9000; Brambles soars, IPH sinks
Record day for ASX 200; Super Retail declares special dividend; Brokers cut James Hardie; Brambles and Downer reveal buybacks; IPH dives on patent woes; Sonic Healthcare misses forecasts. Follow live.
March
David Paradice, Ashok Jacob back electric truck hopeful’s ASX run
Janus Electric, run by former Citi banker Ian Campbell, is raising $10 million and heading for the local sharemarket through a backdoor listing.
September 2024
Qube sues own employees for damages for blocking ship services
A wage dispute between logistics group Qube and wharfies in Melbourne has escalated after the company sued more than 20 union members.
August 2024
Qube’s Moorebank stake on the block
The logistics group said it could sell its stake in its new Moorebank interstate rail terminal after strikes at stevedore DP World helped boost annual net profit.
May 2024
There’s value in big government spending done right
The private-public partnership championed by Anthony Albanese that is transforming the supply chains is a role model for underwriting critical minerals expansion.
April 2024
DP World profit tumbles 34pc after wharfie strikes
The stevedores giant’s annual profits have slid following the dispute over new wage agreements and after container volumes fell, the company’s accounts show.
January 2024
‘We wouldn’t do it for a coal mine’: Libs back Plibersek in wind fight
The federal opposition has sided with Environment Minister Tanya Plibersek against Victorian Premier Jacinta Allan in a fight over offshore wind energy.
December 2023
Qube wins bitter court fight to claim $7m from Martinus Rail
The rail builder’s attempts to block the logistics group from getting access to $7 million in funds held as part of a security deposit have been dismissed.
ACCC says it’s too soon to regulate port fees
The competition watchdog has shied away from regulating so-called “access” fees charged by port stevedores despite industry profits surging to record highs.
November 2023
DP World hack strands 30,000 shipping containers
Tens of thousands of shipping containers stuffed with consumer goods were trapped at ports around the country after a cyberattack on stevedore DP World Australia.
DP World’s 52pc fee rise at Port of Melbourne labelled ‘exorbitant’
Former competition watchdog chairman Graeme Samuel says the federal government needs to control prices charged by stevedores at the nation’s container ports.
October 2023
Wharfies union withdraws Qube bans after ‘secondary boycott’ claims
The logistics group had accused the wharfies union of targeting it with an illegal secondary boycott under the pretence of protected action against DP World.
September 2023
Qube tears up freight hub contract with Martinus Rail
Construction has stopped on an interstate rail hub in southwest Sydney after logistics group Qube scrapped a $140 million construction deal.