Qube Holdings (ASX:QUB) said Rubik Australia's acquisition of the company is now legally effective following the lodging of court approval orders with the Australian Securities and Investments Commission, according to a Wednesday filing with the Australian bourse.
The company expects its shares to be suspended from the ASX at the close of Wednesday trading, and anticipates the deal's implementation to occur on Aug. 14.
Additionally, Qube declared a fully franked special cash dividend of AU$0.3465 per share, payable July 23 to shareholders of record as of July 14.