Flex Acquires FreeFlow To Enhance Asset Disposition And Digital Circular Economy Capabilities; FreeFlow's Platform Enables B2B Sales Of Surplus Inventory; Financial Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Flex has acquired FreeFlow to enhance its asset disposition and digital circular economy capabilities. FreeFlow's platform facilitates B2B sales of surplus inventory.
May 31, 2024 | 1:02 pm
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Flex has acquired FreeFlow to enhance its asset disposition and digital circular economy capabilities. This acquisition is expected to improve Flex's ability to manage surplus inventory through B2B sales.
The acquisition of FreeFlow by Flex is likely to positively impact Flex's stock price in the short term. The enhancement of asset disposition and digital circular economy capabilities can lead to better management of surplus inventory, potentially increasing operational efficiency and profitability.
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