Affle agrees to acquire Perion for $420 million
PERI•Affle will acquire Perion in a cash transaction valuing its equity at approximately $420 million, or $11.70 per share—a 34.5% premium to its October 30, 2026, closing price. The deal is expected to close in early 2027, subject to shareholder approval and other conditions.
1. Cash acquisition terms
Affle will acquire Perion in a cash transaction valuing Perion’s equity at approximately $420 million. The $11.70-per-share consideration represents a 34.5% premium to Perion’s October 30, 2026, closing share price.
2. Approval and timeline
Completion is expected in early 2027, subject to shareholder approval and other closing conditions. A 40-day go-shop period allows alternative proposals until 11:59 p.m. Israel time on December 11, 2026.
3. Perion’s status after closing
After the transaction, Perion will become a wholly owned subsidiary, retain its brand and delist its ordinary shares from Nasdaq and Tel Aviv.
