Affle 3i Ltd.

BSE: 542752 | NSE: AFFLE
Small Cap | BPO/ITeS
1721.95
-11.80 (-0.68%)
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Affle (India) signs definitive share purchase agreement to sell stake in Talent Unlimited Online Services

Date: 02-09-2022

Affle (India) has signed a definitive share purchase agreement to sell 4,339 Series C Compulsorily Convertible Preference Shares, constituting 12.39% shareholding (on a fully diluted basis and as on the date of agreement execution) in Talent Unlimited Online Services (Bobble), for a fixed consideration of Rs 133.22 crore. The Company’s remaining shareholding in Bobble shall be 12.98% on a fully diluted basis after the close of this transaction and fresh issuance of shares by Bobble to the buyer.

Affle (India) is a leading global technology company with a proprietary consumer intelligence platform that delivers consumer acquisitions, engagements and transactions through relevant mobile advertising.