Schenker, what Schenker? DSV boss talks up options – yes, Sir!
New corporate structure also serves ‘potential M&A that may come up’. May? Potential?
Perhaps traders on the Australian Stock Exchange missed the WiseTech Global announcement that it had acquired Bolero – it wasn’t posted on the ASX’s regulatory news feed – or perhaps they simply didn’t realise its importance.
Either way, its share price closed at A$37.8 on 1 July, when the deal was announced, and has since risen to A$41.86, which is some way off the A$48.7 S&P Global Market Intelligence consensus that Premium quoted in our latest coverage of WiseTech in mid-June, ...
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