Comment / WiseTech + E2open – margin boost sought to extract maximum value

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Just as Australia’s WiseTech (WTC) is understood to be smoothly working on the closing of its transformational E2open transaction, its U$1bn US target quietly reported fiscal Q1 26 numbers last week.

Let’s look 

Sifting through the filing lodged with the US Securities and Exchange Commission, E2open’s steady (sequential) U$2.37bn asset base at the end of the three months to 31 May was the result of a slightly shifting current assets mix, with cash and cash equivalents fully offsetting (+U$33m) the fall in ...