Time running out in row over auction to run Santos Tecon10 terminal
Antaq, Brazil’s national waterway transportation authority, is continuing to press for a two-stage bidding process ...
By Mr Joy
The Australian Competition and Consumer Commission (ACCC) has good reasons to carefully evaluate DP World’s proposed acquisition of Silk Logistics*.
Are they enough to scupper the deal altogether?
Let’s look.
(*Announced in late 2024 and worth just U$115m, including the premium at takeover, more here; SLH now trading at a -30% discount against DPW’s offer.)
Statement of issues
Recently, I wrote about the ACCC 2023-24 Container Stevedoring Monitoring Report and my assessment of its implications. Good on the ACCC for shining a spotlight on this ...
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