Basware announces termination of discussions with Tradeshift Holdings Inc
Basware Corporation, stock exchange release, February 28, 2019 at 09:45 a.m. EETBasware Board of Directors today announces that is has terminated discussions with Tradeshift Holdings Inc (“Tradeshift”). In announcements in November and December 2018, Basware confirmed that it was in discussions with Tradeshift in relation to a possible cash tender offer by Tradeshift for all shares in Basware (the “Possible Offer”). Tradeshift has recently informed Basware that it will be unable to proceed given conditions in the capital markets. On this basis, the Board of Directors of Basware has