Silk Logistics Holdings Awaits ACCC Review Outcome on Acquisition Proposal

Silk Logistics Holdings Ltd. ( (AU:SLH) ) just unveiled an announcement.

Silk Logistics Holdings Limited announced that the Australian Competition and Consumer Commission (ACCC) has resumed its review of the proposed acquisition of all shares in the company by DP World Australia Limited. The ACCC has set a new date of 10 July 2025 for its findings, which falls after the scheduled Scheme Meeting and End Date. Silk is currently assessing its position and discussing future steps with DP World Australia, while keeping the market informed of any significant developments.

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 services related to the transportation and management of goods. The company focuses on offering comprehensive logistics solutions to its clients, enhancing supply chain efficiency.

Average Trading Volume: 157,585

Technical Sentiment Signal: Sell

Current Market Cap: A$135.4M

See more insights into SLH stock on TipRanks’ Stock Analysis page.