Wisetech Global ( (AU:WTC) ) has provided an announcement.
WiseTech Global is addressing media speculation regarding its potential acquisition of US-based e2open. The company confirms its participation in a strategic review process with e2open, aligning with its strategy to expand product development and ecosystem reach through acquisitions. However, there is no certainty about the outcome of these discussions. WiseTech emphasizes its commitment to keeping the market informed in accordance with its disclosure obligations.
More about Wisetech Global
WiseTech Global is a leading developer and provider of software solutions for the logistics execution industry worldwide. The company serves over 16,500 logistics companies in 195 countries, including major global third-party logistics providers and freight forwarders. WiseTech is known for its innovative CargoWise application suite, which enhances supply chain productivity and integration.
YTD Price Performance: -25.03%
Average Trading Volume: 1,078
Technical Sentiment Signal: Buy
Current Market Cap: $18.87B
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