Qube Holdings (ASX:QUB) trades with 0.8% cash spread to Macquarie offer
Qube Holdings Ltd finished the week trading more like a stub than a freight company, as investors priced the remaining risk in the Macquarie Group Ltd Asset Management buyout at around 4.15 Australian cents a share. Friday's close at A$5.105 is below the A$5.1465 payout current holders stand to get if the scheme goes ahead as per the company's timetable. That payout combines A$4.80 in scheme consideration and an expected A$0.3465 special dividend. The A$0.0535 interim dividend, which brought the offer to A$5.20, only counted for shares held on March 4.