Opposition to ACCC green light for DP World takeover of Silk Logistics
Australian shippers and forwarders have reacted with disappointment to the country’s competition regulators giving the ...
Rumoured takeover target MIQ Logistics has attracted a lot of interest from the executives in my network in recent weeks.
Many have pointed out the US-based 3PL is a palatable bolt-on for asset-light logistics providers – not only for rumoured buyer Noatum Maritime, but also for larger would-be suitors.
The deal
The target – a YRC Worldwide spin-off from August 2010 – is private, so only few headline financial details are available, but it could well be a smaller, revisited version of the 2005 OHL takeover by France’s ...
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