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Affle 3i To Acquire Perion Network For $420 Million Cash


1 November 2026
Affle 3i Ltd.

Affle step-down subsidiary to acquire 100% of Perion Network for ~$420m all-cash, AI omnichannel advertising across Retail Media CTV DOOH, CY25 revenue $439.9m, Management guided over $700m FY28 run-rate, funded by bank debt plus cash, closing early 2027. Context: largest acquisition to date resolving larger-deal wait


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