Market Incident

Public · Developing

AI compiled from Infoway · 6 analyzed stories

Affle 3i Limited (AFFLE) To Acquire Perion For $11.70/Share Cash

Affle 3i Limited agreed to acquire Perion Network for $11.70 per share in cash, valuing the company at about $420 million. Both boards approved the deal, but completion still requires regulatory and Perion shareholder approvals; the agreement also includes a period for competing offers.

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What happened

Affle agreed to buy Perion in an all-cash deal valued at about $420 million. Perion shareholders would receive $11.70 per share. Both boards approved the agreement, but Perion shareholders and regulators must still approve it. Closing is expected in early 2027.

Global impact / market context

If completed, the deal would give Perion shareholders the stated cash amount and expand Affle’s advertising reach into developed markets. Affle aims for the deal to add to earnings per share by the end of the first year after closing, but that is a target, not a confirmed result.

What to watch

  1. Check whether Perion shareholders approve the deal, because their approval is required for it to proceed.
  2. Check whether regulators approve the deal, because regulatory approval is required before closing.
  3. Check whether another offer is made during the 40-day period for competing offers, because that could affect the deal’s path or outcome.

Affected assets

  • Affle 3i Limited
  • Perion Network Ltd.

Evidence