Silk Logistics Holdings Limited (ASX:SLH) Acquisition by DP World Australia Approved by ACCC
ACCC Approval
The Australian Competition and Consumer Commission (ACCC) has approved DP World Australia Limited’s acquisition of Silk Logistics Holdings Limited (ASX: SLH). The ACCC determined that the acquisition is unlikely to substantially lessen competition in the container logistics sector.
Company Details
DP World Australia operates container stevedores at the Ports of Botany, Melbourne, Brisbane, and Fremantle, servicing approximately a third of containers at these ports. Silk Logistics is a national container logistics provider offering road transport, warehousing, and distribution services across Australia.
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