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News: QUB Qube Enters New Zealand Container Logistics Market With 50% Stake In Pinnacle Corporation

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    01/05/23
    19:40
    Post #: 67551382

    May 1 (Reuters) - Qube Holdings Ltd (QUB) :

    • ENTERS NEW ZEALAND CONTAINER LOGISTICS MARKET WITH A 50% STAKE IN PINNACLE CORPORATION
    • ACQUIRES AUSTRALIAN BULK LOGISTICS PROVIDER KALARI PROPRIETARY LIMITED
    • TOTAL CONSIDERATION FOR BOTH DEALS ABOUT A$145 MILLION
    • DEALS TO BE EPS PRE-AMORTISATION ACCRETIVE ON A FULL YEAR UNDERLYING BASIS
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    lightbulb Created with Sketch.  Great analysis
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