L Ltd. ( Affle ), wholly owned step down subsidiary of the Company has entered into a definitive merger…
As filed · Affle 3i Limited has informed the Exchange that Affle 3iL Ltd. ( Affle ), wholly owned step down subsidiary of the Company has entered into a definitive merger agreement to acquire Perion Network Ltd.
What happened
FactL Ltd. ( Affle ), wholly owned step down subsidiary of the Company has entered into a definitive merger agreement to acquire Perion Network Ltd., Israel. merger agreement to acquire Perion Network Ltd., Israel (“Perion”). Please find enclosed our press release titled “Affle to acquire Perion, to scale its CPCU business across.
Why it matters
CapitSignal interpretationAn acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Margins
DelayedQ3 FY2026 marked an important milestone as our revenue surpassed INR 700 crore mark, delivering our highest-ever quarterly revenue run-rate, EBITDA, PAT and consumer conversions.
We concluded FY2026 on a strong note, achieving our highest annual Revenue run-rate, EBITDA, PAT and consumer conversions till date.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Consideration and how it is funded
- Revenue and profit of the target
- Expected completion date
- We believe that we will be achieving in the range of around 85%-95% OCF for this year also. (management committed by FY26)
- With our robust innovation pipeline, expanding use cases and growing global penetration, we remain well-poised (management committed by H1 FY27)
Evidence
- Affle 3i Limited has informed the Exchange that Affle 3iL Ltd. ( Affle ), wholly owned step down subsidiary of the Company has entered into a definitive merger agreement to acquire Perion Network Ltd., Israel.(opens the original filing in a new tab)
- Earlier statement · Q3 FY26
- Latest statement · Q4 FY26
- Earlier statement · Q3 FY26
How CapitSignal classified this
- Reasoning:
- ACQUISITION base 74; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%