FinanceVCCircleabout 2 hours ago
Affle Acquires Perion for $420 Million
3 min read
Mumbai-listed advertising technology company Affle 3i Ltd has agreed to acquire Israel-based Perion Network Ltd for $420 million. The deal, backed by Singapore sovereign wealth fund GIC, values Perion at a 34.5% premium to its closing share price on October 30.
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