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News: QUB Carlyle launches $264 mln selldown in Australian logistics firm Qube -IFR

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    30/08/16
    20:26
    Post #: 18804450

    HONG KONG, Aug 30 (Reuters) - Private equity firm Carlyle Group LP CG.O launched on Tuesday the sale of a stake in Australian diversified logistics company Qube Holdings Ltd (QUB) worth $264 million, IFR reported citing a term sheet of the transaction.

    Carlyle, through its Carlyle Infrastructure Partners fund, is offering 137.4 million shares of Qube at a price of A$2.55 each, putting the total deal at about A$350 million ($264 million), added IFR, a Thomson Reuters publication. The offering price is unchanged from Tuesday's close.

    Carlyle and Qube did not immediately respond to a Reuters request for comment on the deal.

    ($1 = 1.3242 Australian dollars)

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