Affle agrees to acquire Perion for $420 million

Bitget2026/11/01 10:30

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Affle will acquire Perion in a cash transaction valuing the company’s equity at approximately $420 million.
The $11.70-per-share consideration represents a 34.5% premium to the October 30, 2026, closing share price.
Completion is expected in early 2027, subject to shareholder approval and other closing conditions.
A 40-day go-shop period permits alternative proposals until 11:59 p.m. Israel time on December 11, 2026.
The company will become a wholly owned subsidiary, retain its brand and delist its ordinary shares from Nasdaq and Tel Aviv.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Perion Network Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20261101603052) on November 01, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Affle agrees to acquire Perion for $420 million

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