Silk Logistics Holdings Limited (ASX:SLH) Announces ACCC Statement of Issues for Acquisition Scheme
ACCC & FIRB Update
The ACCC has released a Statement of Issues regarding the proposed acquisition of Silk Logistics by DP World Australia. Comments are due by 27 March 2025, with a final decision expected on 5 June 2025.
Scheme Meeting
The Scheme Meeting is scheduled for 28 March 2025. Due to ACCC and FIRB delays, Silk may seek to postpone the meeting and second court date (Scheduled for Tuesday, 1 April 2025).
No Change to Silk Board’s Recommendation
The Silk Directors unanimously recommend shareholders vote in favor of the Scheme Resolution, believing it is in shareholders’ best interests.
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