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03 Mar 2026

Ashurst Advises Pontegadea on Participation in Macquarie-Led $11.7 Billion Consortium Acquisition of Qube Holdings

"Ashurst advised Pontegadea on its participation in a Macquarie Asset Management‑led consortium to acquire 100% of Qube Holdings (ASX:QUB) for approximately $11.7 billion via a scheme of arrangement. Qube is one of Australia’s largest integrated import/export logistics providers. The Ashurst team was led by partners Tony Damian and Will Mason, with support from corporate, tax and competition specialists."

Ashurst advised Pontegadea in connection with Pontegadea's participation in the consortium to acquire Qube Holdings Limited. The consortium, led by Macquarie Asset Management, proposed to acquire 100% of Qube Holdings Limited (ASX: QUB) by scheme of arrangement, valuing the company at approximately $11.7 billion; Qube is one of Australia’s largest providers of integrated import and export logistics services. The Ashurst team was led by partners Tony Damian (Partner and Co‑Head of M&A, Australia) and Will Mason (Partner). They were assisted by senior associate Rosie Maguire (Corporate Transactions); partners Sanjay Wavde and Elke Bremner, counsel Paul Glover, and senior associates Daniel Richards and Michael Luu (Tax); and partner Alyssa Phillips and associate Chelsea Toner (Competition).
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