Affle Signs Definitive Agreement to Acquire Ad Tech Company Perion
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Summary
Affle 3iL Ltd., the Israel-based step-down subsidiary of Affle 3i Limited, signed a definitive agreement to acquire Perion Network Ltd. for US$11.70 per share in an all-cash transaction valuing the advertising technology company at an implied equity value of approximately US$420 million, Perion announced on November 1, 2026. Perion said the price represents a 34.5% premium to its closing share price on October 30, 2026, the last trading day before the definitive agreement was executed. The…
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