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Silk Logistics Holdings Ltd. ( (AU:SLH) ) has shared an update.
Silk Logistics Holdings Limited has announced an extension to the End Date under its Scheme Implementation Deed with DP World Australia Limited for the acquisition of all its shares. The extension is contingent upon the Australian Competition and Consumer Commission’s decision, which is now expected by 10 July 2025. This extension allows more time for regulatory approval, potentially impacting the company’s strategic direction and stakeholder interests.
The most recent analyst rating on (AU:SLH) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Silk Logistics Holdings Ltd. stock, see the AU:SLH Stock Forecast page.
More about Silk Logistics Holdings Ltd.
Silk Logistics Holdings Limited operates in the logistics industry, providing comprehensive supply chain solutions. The company focuses on offering services such as warehousing, distribution, and transportation, catering to various market segments in Australia.
Average Trading Volume: 71,931
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$122.3M
See more data about SLH stock on TipRanks’ Stock Analysis page.