Comment / Under the radar: WiseTech dances an eBill Bolero

dreamstime_xs_179326958

Photo 179326958 © Oleksii Donenko | Dreamstime.com

By Gavin van Marle

08/07/2022

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, ...

Comment on this article

You must be logged in to post a comment.

Topics

Bolero Digital Container Shipping Association Digitisation eB/Ls Takeover Talk WiseTech Global Klaus-Michael Kuehne' Kuehne + Nagel M&A radar

Most read news

Etail by air – here to stay or on a short shelf life?

HMM sees opportunities in Hapag-Lloyd’s exit from THE Alliance

Hong Kong drops out of world's top 10 busiest container ports

How crazy is this: DSV goes hostile on Expeditors or CH Robinson?

The rise and rise of China's ecommerce platforms

Carriers look to short-term gains over blanking, as Red Sea crisis props up rates

Capture of MSC Aries will further drive up Indian export costs

Cargo flows through Dubai delayed by flooding, with 300 flights cancelled

Liners unveil Asia-Europe FAK price hikes to arrest steady rate decline

Another strong month for US ports as container flows continue to rise

Legal battle heats up over 'unseaworthy' and 'reckless' MV Dali

Forwarders: can an airline do without them? An age-old debate airs

Evergreen clients signing transpac contracts as Red Sea crisis props up rates

WSC asks US court to order FMC to correct 'inconsistent' new D&D rules

DB Cargo eyes rail freight arm sale amid concern over state subsidy

MSC redeploys 'Israel-linked' box ships away from Persian Gulf