Affle to Acquire Perion in $420 Million All-Cash Deal
Affle AI has entered into a definitive agreement to acquire Perion for $420 million in cash. The deal is expected to close in early 2027, subject to regulatory and shareholder approvals.
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11:23:51 AM UTC
SquawkNews
By Kelly CloonanShares of Perion Network gained on an agreement to be acquired by Affle International in a take-private deal.The stock climbed 31% to $11.37 in premarket trading on Monday. At Friday's market close, shares were down 9.2% year to date.Under the terms of the deal, Perion's shareholder…
The proposed acquisition will bring Perion’s advertising technology platform and global reach into Affle’s portfolio, with the transaction expected to close in early 2027, subject to regulatory and shareholder approvalsAffle AI, a subsidiary of Affle International Pte., has entered into a definitiv…