Business and Finance
India's Affle agrees to buy Israeli ad-tech firm Perion for about $420 million in cash
Perion, listed on Nasdaq and the Tel Aviv Stock Exchange, said on Sunday it has agreed to be acquired by a subsidiary of Affle for US$11.70 a share in cash, a 34.5% premium to its last closing price. The deal includes a 40-day go-shop period and is expected to close in early 2027.
