Qube Holdings Officially Submits Takeover Proposal to Asciano

摘要

On January 28, Qube Consortium dominated by Qube Holdings Limited, a major logistics company in Australiaofficially submitted a binding takeover proposal to Asciano Limited.Qube Consortium consists of 4 organizations such as Qube Holdings Limited, Global Infrastructure Partners(GIP), Canada Pension Plan Investment Board (CPPIB) and CIC Capital Corporation, among which CIC Capital is asubsidiary of China Investment Corporation (CIC), a government-affiliated fund in China and took part in Qube Consortiumthis week. Accordingly, the consortium’s power to raise the funds has been enhanced to a large extent.