E2open Parent Stock Soars 22.96% on WiseTech Acquisition

On May 27, 2025, E2open Parent's stock surged by 22.96% in pre-market trading, marking a significant rise in its share price.

E2open Parent Holdings, Inc. has announced its acquisition by WiseTech Global Limited, a leading provider of logistics execution software solutions. The acquisition, which concludes E2open's strategic review process, will see stockholders receive $3.30 per share in cash, representing a 68% premium over the unaffected share price. The transaction values the company at $2.1 billion, with the per-share purchase price reflecting a 28% premium over the closing stock price on May 23, 2025, and a 68% premium over the closing stock price on April 30, 2025.

E2open's CEO, Andrew Appel, highlighted the strategic fit between the two companies, noting that WiseTech's global footprint and commitment to innovation complement E2open's capabilities. The acquisition is expected to create a leading end-to-end platform for complex supply chains, enhancing efficiency and sustainability. The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close in the second half of 2025. Upon completion, E2open's common stock will no longer be listed on the New York Stock Exchange.