Australia's Silk Logistics soars on regulatory nod for takeover

Silk Logistics Holdings

04/07/2025 01:51

** Silk Logistics SLH.AX soars as much as 22.7% to A$2.110, highest since July 27, 2023

** Australian Competition and Consumer Commission (ACCC) says it will not oppose private firm DP World Australia's proposed acquisition of co

** Stock gains 12.4% so far this week

** However, SLH falls more than 17% YTD

 (Reporting by Rajasik Mukherjee in Bengaluru)

 ((Rajasik.Mukherjee@thomsonreuters.com))