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Affle 3i Limited
2 posts
Affle 3i to acquire Perion for $420m, but its $228m cash balance changes the deal maths
Affle 3i has agreed to acquire Israeli advertising technology company Perion for approximately $420 million, offering shareholders a 34.5% premium and a 40-day opportunity to attract competing bids. The target's $228.3 million cash and investment balance, Affle's financing plans and differences between their advertising business models make the transaction more complex than its headline valuation suggests.
Affle 3i Q4 FY2025 earnings: CPCU surge, AI-led strategy, and institutional interest drive bullish momentum
Affle 3i posts 23% annual revenue growth and 34.2% EBITDA jump; CPCU traction, AI strategy, and institutional flows boost stock sentiment. Read full analysis.