Overview

• WiseTech Global has announced its largest acquisition to date, purchasing U.S.-based E2open for $2.1 billion.
• The deal will be financed through a $3 billion debt facility underwritten by a syndicate of nine lenders, including Deutsche Bank and HSBC.
• WiseTech is offering $3.30 per E2open share, representing a 24.5% premium over its last closing price.
• The acquisition will enhance WiseTech’s capabilities in supply chain planning, procurement, trade compliance, and channel management.
• This move follows leadership changes at WiseTech, with co-founder Richard White stepping down as CEO in October 2024.