WiseTech Buys E2Open for $2.1 Billion in Its Biggest Deal (3)

Australian shipping software company WiseTech Global Ltd. made its biggest ever acquisition, agreeing to buy E2open Parent Holdings Inc. in a deal that values the US firm at $2.1 billion.

The acquisition is the first major move by founder Richard White since he assumed the role of executive chairman in February following months of turmoil after revelations about his private life and relationships with staff and suppliers. That roiled the stock and prompted Australia’s largest pension fund to dumpits stake in the company.

Read More: WiseTech’s Founder White Returns to Helm After Months of Tumult

WiseTech will pay $3.30 ...