Australia's Qube Holdings announced on Monday that Macquarie Asset Management had submitted a non-binding proposal to acquire the logistics company at an enterprise value of 11.6 billion Australian dollars ($7.49 billion).

Macquarie has offered to acquire Qube for AU$5.2 per share in cash, representing a nearly 28% premium to Qube's closing share price of AU$4.07 on Friday.

Qube shares jumped over 20% to a record-high of AU$4.89 on Monday while Macquarie Group, the parent company of the asset management unit, saw its shares dip as much as 0.37% to AU$193.38.

The takeover bid followed a period of negotiations after a lower unsolicited offer from Macquarie asset management earlier, Qube said in its filing, without specifying the exact value of the previous offer. Stock Chart Icon Stoc

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