Silk's bid for Toll Transport's plastic, glass assets under review in Australia
( August 3, 2026, 04:44 GMT | Official Statement) -- MLex Summary: Silk Contract Logistics' proposed acquisition of Toll Transport's bulk plastics and glass logistics business is under review by Australia's competition watchdog. The deal would transfer selected assets, including transport equipment, employee contracts and two customer contracts, from Toll's bulk logistics business to Silk, a subsidiary of DP World Australia. The Australian Competition & Consumer Commission on Monday said both companies supply bulk containerized logistics services in Australia, with Toll's plastics and glass operations focused primarily on Victoria and major east-coast ports. The deadline for submissions on the deal is Aug. 10. Statement follows. Questionnaire attached. ...
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