The latest update is out from Silk Logistics Holdings Ltd. ( (AU:SLH) ).
Silk Logistics Holdings Ltd. has announced an update regarding its proposed acquisition by DP World Australia Limited. The Australian Competition and Consumer Commission (ACCC) has released a Statement of Issues concerning the acquisition, with a final decision expected by June 2025. The company is considering postponing its Scheme Meeting due to regulatory delays and remains committed to the transaction, with its board recommending shareholders vote in favor of the scheme.
More about Silk Logistics Holdings Ltd.
Silk Logistics Holdings Ltd. operates in the logistics industry, providing comprehensive supply chain solutions. The company focuses on offering services such as warehousing, distribution, and transport logistics, catering to a diverse range of market sectors.
YTD Price Performance: -8.13%
Average Trading Volume: 309,058
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$156.6M
Find detailed analytics on SLH stock on TipRanks’ Stock Analysis page.