Silk Logistics (SLH AU): ACCC's Statement Of Issues

• Back on the 11th November 2024, Silk Logistics (SLH AU) entered into an Offer by way of a Scheme with Dubai-based DP World, Australia's biggest ports operator.

• DP World offered A$2.14/share (less any dividends), a 45.6% premium to last close. The Offer has the backing of Silk's board, and co-founders (holding ~46% of the shares out).

• This looked all stitched up. Potentially a delay for ACCC/FIRB, but it felt like one that should get approved. But the ACCC has now detailed a comprehensive list of concerns.