(Il Sole 24 Ore Radiocor) - Milano, 16 feb - Australia's largest integrated provider of import and export logistics services Qube said it unanimously recommends that shareholders accept the 11.7 billion Australian dollar (8.3 billion US dollars) offer from a consortium comprising Macquarie Asset Management, pension fund UniSuper and Pontegadea, the holding company of Inditex founder Amancio Ortega.

Under the terms of the offer, Qube shareholders, other than UniSuper, will receive 5.20 Australian dollars cash per share for their Qube shares. UniSuper will transfer its existing direct 15.07% shareholding in Qube at equivalent value for a corresponding interest in the holding structure of the consortium acquirer.

The cash consideration of 5.20 Australian dollars per share represents a 28% premium to the last closing share price of Qube on November 21, and values Qube at approximately 11.7.

billion Australian dollars.

(RADIOCOR) 16-02-26 09:37:28 (0152) 5 NNNN