WiseTech to acquire e2open?

The following announcement has been made to the ASX by WiseTech

“WiseTech Global (ASX:WTC) refers to media speculation about the Company being in discussions to acquire US based e2open (NYSE: ETWO).

As reiterated in the Company’s most recent financial results announcement on 26 February 2025, part of WiseTech’s strategy is to continue to accelerate its product development and ecosystem reach through a pro-active acquisition program that includes strategically significant acquisitions as well as tuck-ins and foothold acquisitions.

Consistent with this strategy, WiseTech continues to evaluate acquisition opportunities globally and confirms that it is participating in a strategic review process which was announced by e2open on the 7th of March 2024.

Discussions are indicative and there is no certainty that a transaction will result and, if a transaction does result, when or on what terms such a transaction may occur.

WiseTech will continue to keep the market informed in line with its continuous disclosure obligations and otherwise does not intend to comment further on such matters.”

WiseTech is exhibiting at Multimodal on stand 6087

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