Regulatory Update on Scheme
Filed with ASX · · 1 page · English
Summary by 6ix AI
Qube Holdings Ltd. has provided a regulatory update regarding a proposed scheme of arrangement for acquisition by Rubik Australia Pty Limited. The Australian Competition and Consumer Commission has confirmed that it will not intervene in the scheme, allowing it to proceed. The filing outlines the current indicative timetable for the scheme's implementation, subject to necessary regulatory approvals. Additionally, the Qube Board intends to declare a special dividend following the scheme's effectiveness, although this remains at their discretion.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Qube
- Scheme Meetings - Chairman's Address
- Further Update on Scheme
- Scheme Update
- Scheme Booklet
- ASX waiver received in connection with proposed Scheme
Later from Qube
- Notice of hearing to approve proposed scheme of arrangement
- Receipt of FIRB and OIO approval
- Qube Holdings to be removed from the S&P/ASX 200 Index
- Supreme Court approves Scheme
- Scheme becomes Effective and Qube declares Special Dividend
Follow Qube into a list and get an email when it puts out news.
Follow Qube