WISETECH GLOBAL ORD
Weekly Wrap: ASX slides 3.8% as Middle East conflict spooks markets
ASX 200 plunges 3.8% for the week as Middle East conflict lifts oil and inflation fears, sparking rate hike bets while energy stocks rally.
WiseTech Global expands international logistics reach with US$2.1b E2Open acquisition
WiseTech Global (ASX: WTC) has announced the US$2.1 billion acquisition of US-based supply chain specialist E2open to create a multi-sided marketplace connecting asset-based carriers, logistics providers, importers, exporters and shippers. The deal will add adjacent markets and product capabilities to WiseTech’s résumé and boost its client base with a network of 500,000 enterprises and 5,600 […]
WiseTech Global beats FY24 expectations with 28% jump in EBITDA
Logistics software developer WiseTech Global (ASX: WTC) has delivered a financial performance ahead of expectations for the 12 months ending June 2024, with total revenue growth of 28% and an EBITDA margin of 48%. Reported EBITDA grew 28% on the previous financial year to $495.6 million, reflecting the benefit of price increases, operating leverage and […]
BOQ and Bendigo Bank merger rumours, Rio Tinto’s lost radioactive capsule found and Santos gets green light for Mount Tabor
Bank of Queensland (ASX: BOQ) and Bendigo Bank (ASX: BEN) are reportedly in early merger discussions with the deal rumoured to be worth over $10 billion. The exit of BOQ’s chief executive officer George Frazis in November has sparked rumours of a merger with Bendigo Bank and BOQ is said to have stalled its search […]
