stocks in local logistics company Qube Holdings had been
positioned in a buying and selling halt in advance of a capital elevating.
Qube, that is inside the midst of a takeover bid for rail
and ports massive Asciano, stated in a statement to the stock exchange it
expects to make a sizeable statement before March 17.
The company in February taken aback the marketplace by
unveiling a joint $nine.05 billion takeover bid for the goal organization, in
conjunction with rival Canadian bidder Brookfield.
Qube is anticipated to elevate as much as $750 million thru
a capital elevating associated with the purchase, in step with media reports.
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