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#Divestment Decision
Added 2 months ago

WTC is selling Expedient Software

Expedient, which operates in Australia and NZ, was owned by E2open, and the sale appears to be a move to appease the ACCC’s competition concerns.

As per the below, Expedient was projected to contribute less than 0.4% of WTC’s FY26 revenue.

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All things considered re the events of the past year, I can see how keeping the ACCC sweet by divesting a small and apparently non-essential piece of the pie makes sense.

Discl: Held IRL