
Carlyle exits Australia's Qube Logistics
The Carlyle Group has fully exited its remaining stake in Australian ports operator Qube Logistics for a reported A$350 million ($263 million).
The private equity firm confirmed the exit but not the valuation. According to a term sheet cited by Reuters, Carlyle sold 137 million shares in Qube for A$2.55 apiece, in line with the closing price...
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