The proposed acquisition of Silk Logistics Holdings by DP World Australia has been delayed again, with the Australian Competition and Consumer Commission (ACCC) yet to provide a revised decision date.
As a result, the Supreme Court of New South Wales has postponed the initial Scheme Meeting to 20 June 2025.
The delay follows the ACCC’s ongoing review of the proposed transaction. The regulator raised preliminary concerns about potential impacts on competition in container transport services. These include the risk of DP World raising terminal access charges or limiting service quality for rival transport operators.
The ACCC is also considering whether DP World could undercut competitors by offering below-cost services or gain access to confidential commercial information about competitors through Silk.
Both DP World and Silk Logistics have stated their continued commitment to the deal and their intention to address regulatory concerns.
The ACCC had originally set 6 June 2025 as the provisional decision date, but this has now been withdrawn. Submissions from interested parties closed on 27 March 2025, and the regulator is continuing to assess the information provided.
Silk Logistics is listed on the Australian Securities Exchange (ASX) and provides port logistics, warehousing, and distribution services. DP World operates container terminals in major Australian ports and is one of the largest global logistics companies.
Further updates are expected once the ACCC concludes its review process.