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(Reuters) -AustralianSuper has sold its stake in WiseTech Global as the logistics software giant's recent handling of founder Richard White's transition did not meet its expectations, the country's largest pension fund said on Wednesday. The fund no longer held an active shareholding in WiseTech, it said, having sold about A$580 million ($366.2 million) worth of stock to close its 1.9% position over the past couple of weeks.
White, the biggest shareholder of the logistics software maker, had st...
>>> Read more: Pension fund AustralianSuper exits WiseTech Global as leadership transition disappoints
White, the biggest shareholder of the logistics software maker, had st...
>>> Read more: Pension fund AustralianSuper exits WiseTech Global as leadership transition disappoints
