Carlyle purchases minority stake in Qube Logistics
Carlyle Infrastructure Partners (CIP) has announced an agreement with Qube Logisticsto to acquire a 15% stake in the Australian company in two stake acquisitions: one to be completed by mid-March for $46.3 million, and the other in early April for $70.3 million. As part of the deal, CIP will gain a seat on the Qube Board.
A statement noted, "The unconditional and conditional placements will raise approximately $116.5 million and will place Qube in a very strong financial position to increase its shareholding in POTA through...
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