Affle 3i will acquire Israel's Nasdaq-listed Perion Network for an equity value of about US$420 million, all in cash.
Company news · Finvezto · 1 Nov 2026 · Affle 3i (AFFLE)
What happened
Affle 3i will acquire Israel's Nasdaq-listed Perion Network for an equity value of about US$420 million, all in cash. Source: Stock note
Why it matters
Anand Ganapathy K: Perion holds about US$228 million of cash and no debt, and Affle says it stays net debt free with a combined FY28 revenue run rate above US$700 million. Closing is expected in early 2027. Source: Stock note
Links
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.