Australia's Qube Holdings announced on Monday that Macquarie Asset Management had submitted a non-binding proposal to acquire the logistics company at an enterprise value of 11.6 billion Australian dollars ($7.49 billion).

Macquarie has offered to acquire Qube for AU$5.2 in cash per share, representing a nearly 28% premium to Qube's closing level of AU$4.07 on Friday.

Qube shares jumped nearly 20% to AU$4.87 in early trading on Monday.

The takeover bid followed a period of negotiations after a lower unsolicited offer from Macquarie asset management earlier, Qube said in its filing, without specifying the exact value of the previous offer.

The enterprise value represents about 14.4 times Qube's EBITDA for financial year 2025, according to the filing. Enterprise value typically measur

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