Qube

Qube's board has accepted an $11.7 billion takeover offer by a Macquarie Asset Management-led consortium, saying the deal represents a "significant premium" on the infrastructure giant's share price.

Logistics giant Qube has shed its interest in a 202-hectare property at Beveridge in Melbourne's north to Hong Kong-based asset manager C Capital for $111 million.

Logistics services provider Qube has resolved a lawsuit that accused the Port of Newcastle of misusing its power in the market for port services by denying Qube's request to use its own equipment to provide dry bulk unloading services at the port.

The ACCC has come up short in its appeal of a ruling that dismissed its challenge to Pacific National $205 million acquisition of Aurizon's Acacia Ridge Terminal in Queensland, with the Full Federal Court also releasing Pacific National from an undertaking given to the court.