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HomeFinTechDGL Group: Reaches deal to acquire Nightingale Transport

DGL Group: Reaches deal to acquire Nightingale Transport

DGL Group Reaches deal to acquire Nightingale Transport

  • DGL Group (DGL) is set to acquire Nightingale Transport to expand its nationwide presence
  • The company will receive 100 additional trucks and trailers and utilise Nightingale’s strong national transport capability
  • DGL’s acquisition will expand the company’s national logistics reach and improve its offerings to key industries in Australia
  • The deal awaits fulfilment of certain contractual conditions by the vendors, but are expected to be met by the settlement date
  • DGLGroup shares are up 5.91 per cent, trading at $1.57 at 1:20 pm AEDT
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