Qube Holdings (ASX:QUB) said its shareholders approved a proposed scheme of arrangement under which Rubik Australia will acquire all of the company's issued shares, according to an Australian bourse filing on Tuesday after market hours.
The company said that over 98% of shareholders present and voting supported the resolution at the scheme meetings, representing nearly 87% of the votes cast, per the filing.
The transaction remains subject to several conditions, including approvals from the Australian Competition and Consumer Commission, the Australian Foreign Investment Review Board, and New Zealand's Overseas Investment Office, the filing said.
The company is scheduled to seek final approval from the Supreme Court of New South Wales on July 7, the filing added.