HONG KONG Private equity firm Carlyle Group LP (CG.O) launched on Tuesday the sale of a stake in Australian diversified logistics company Qube Holdings Ltd (QUB.AX) worth $264 million, IFR reported citing a term sheet of the transaction.
Carlyle, through its Carlyle Infrastructure Partners fund, is offering 137.4 million shares of Qube at a price of A$2.55 each, putting the total deal at about A$350 million ($264 million), added IFR, a Thomson Reuters publication. The offering price is unchanged from Tuesday's close.
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