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Silk Logistics Shareholders Overwhelmingly Approve $174.5M DP World Takeover
9:44am on Friday 1st of August, 2025 AEST
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Logistics
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Silk Logistics Shareholders Overwhelmingly Approve $174.5M DP World Takeover
9:44am on Friday 1st of August, 2025 AEST
Key Points
Shareholders approve scheme with 99.09% votes in favour
Acquisition values Silk at approximately $174.5 million
Offer price of $2.14 per share represents a 45.6% premium
Independent Expert and Silk Board unanimously recommend the deal
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