WiseTech responses to media speculation on E2open (ETWO)
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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.
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