Kinaxis Inc (TSE:KXS) has released an update.
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Kinaxis Inc., a leader in AI-driven supply chain orchestration, has publicly acknowledged receiving a letter from activist shareholder Daventry Group urging the company to begin a sales process. Despite preferring private negotiations, Kinaxis remains committed to delivering value and is exploring the market’s potential, scaling its platform to leverage a $16B opportunity in supply chain management software.
For further insights into TSE:KXS stock, check out TipRanks’ Stock Analysis page.