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Silk Logistics Acquisition Moves Forward with Court Approval

Silk Logistics Acquisition Moves Forward with Court Approval

Silk Logistics Holdings Ltd. (AU:SLH) has released an update.

Confident Investing Starts Here:

Silk Logistics Holdings Ltd. has received court approval to proceed with a shareholder meeting for a proposed acquisition by DP World Australia, where shareholders will vote on receiving $2.14 per share. An independent report deems the acquisition favorable, with Silk Directors recommending the deal. The crucial meeting is set for March 7, 2025, where shareholders can vote in person or via proxy.

For further insights into AU:SLH stock, check out TipRanks’ Stock Analysis page.

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