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M&A - DP World Australia - Silk Logistics

The Australian Competition & Consumer Commission has announced a public review of DP World Australia's proposed acquisition of Silk Logistics, a publicly listed company. The Dubai-based multinational DP World operates container stevedores at the ports of Botany, Melbourne, Brisbane and Fremantle, and services approximately a third of the containers processed at these ports. Silk is one of the only national door-to-door container logistic providers in Australia, hauling import and export containers using trucks to and from the ports at which DP World Australia operates.

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