Weave jumps on Francisco Partners' takeover deal
18/08/2026 17:15
BUZZ-Weave jumps on Francisco Partners' takeover deal ** Weave Communications' shares WEAV.N jump 31.8% to $7.29
** Francisco Partners to buy WEAV at $650 mln equity valuation
** Stockholders to receive $7.40 per share in cash, which is a premium of 33.8% to stock's last close
** WEAV to cease trading on NYSE and become a private company
** Including session's moves, stock down 4% YTD
(Reporting by Sudeshna Ghoshal in Bengaluru)
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