Silk Logistics Acquisition by DP World Australia Now Legally Effective
Silk Logistics Holdings has secured court approval for its acquisition by DP World Australia, with shares set to be suspended on the ASX and a cash payout scheduled for shareholders.
- Supreme Court of NSW approves Silk Logistics acquisition scheme
- Scheme legally effective as of 6 August 2025
- Silk shares suspended from ASX trading from close of 6 August
- Shareholders to receive A$2.14 cash per share on 18 August
- Scheme record date set for 11 August 2025
Court Approval Secures Acquisition
Silk Logistics Holdings Limited (ASX – SLH) has reached a pivotal milestone in its acquisition by DP World Australia Limited. On 6 August 2025, the Supreme Court of New South Wales granted formal approval for the scheme of arrangement underpinning the deal. This legal endorsement clears the final regulatory hurdle, confirming that DP World Australia will acquire all Silk shares under the agreed terms.
Trading Suspension and Shareholder Compensation
Following the court's decision, Silk Logistics shares were suspended from trading on the Australian Securities Exchange (ASX) at the close of business on 6 August. This suspension marks the transition from public trading to private ownership. Shareholders recorded on the Silk register as of 7 – 00pm Sydney time on 11 August 2025 will be entitled to a cash payment of A$2.14 for each share held. The payment is scheduled for 18 August 2025, the official implementation date of the scheme.
Implications for Silk and DP World Australia
The acquisition represents a significant consolidation in the Australian logistics sector, with DP World Australia expanding its footprint through Silk’s established freight and supply chain operations. For Silk shareholders, the deal offers immediate liquidity at a fixed price, while DP World gains full control over Silk’s assets and operations. The court’s exemption from certain compliance requirements under the Corporations Act also streamlined the process, reflecting judicial confidence in the transaction’s fairness and legality.
Looking Ahead
While the legal framework is now in place, the exact timing of the scheme’s implementation remains subject to minor adjustments. Silk has committed to keeping the market informed of any changes. Investors and market watchers will be keen to observe how DP World integrates Silk’s operations post-acquisition and what strategic moves follow in this competitive logistics landscape.
Bottom Line?
With court approval secured and shares suspended, all eyes now turn to the final implementation and integration phase of this major logistics acquisition.
Questions in the middle?
- Will DP World Australia pursue further acquisitions to complement Silk’s operations?
- How will Silk’s existing contracts and partnerships be managed post-acquisition?
- What are the long-term strategic plans for Silk under DP World’s ownership?
