Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login WiseTech Global, one of the country’s largest software businesses but one mired in shareholder unrest, is in discussions to acquire New York-listed supply chain platform provider e2open for up to $3.5 billion.
The company was co-founded by billionaire Richard White, who is now its executive chairman despite the finding of a board-commissioned review that he misled other directors about his relationship with employees. Even while that governance scandal has played out , White has been busy sounding out several banks to help fund a big acquisition. Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe.
Already a subscriber? Login Introducing your Newsfeed Follow the topics, people and companies that matter to you. The corporate regulator has already examined current and former directors at the logistics software giant as it probes disclosures made about share trading. BOSS Financial Review.
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WiseTech sets aside controversy as it eyes $3.5b takeover offer
The logistics software giant is mired in investor unrest but has been working on the biggest deal in its three-decade history, eyeing a New York-listed rival.