Bending Spoons to acquire AOL

Published: Wednesday, October 29, 2025 at 5:13 pm

Bending Spoons to Acquire AOL in $2.8 Billion Deal

European mobile app developer Bending Spoons has announced its agreement to acquire AOL from Yahoo, backed by private equity firm Apollo. The deal, supported by a $2.8 billion debt financing package, is anticipated to close by the end of the year, pending customary closing conditions and regulatory approvals.

AOL, a well-established internet brand known for its email service, boasts a substantial user base. Bending Spoons estimates AOL is among the top ten most-used email providers globally, with approximately 8 million daily and 30 million monthly active users. Bending Spoons CEO Luca Ferrari expressed confidence in AOL's potential, stating the company intends to invest significantly in the product's growth.

The acquisition follows reports earlier this month that Yahoo was in talks to sell AOL to Bending Spoons. This deal represents a significant move for Bending Spoons, which has a history of acquiring American brands. AOL has previously been owned by Time Warner and Verizon Communications.

BNN's Perspective:

This acquisition appears to be a strategic move by Bending Spoons to expand its portfolio of established brands. While the deal's success hinges on regulatory approvals and the company's ability to revitalize AOL, the acquisition of a well-known brand with a loyal user base could prove beneficial. The investment commitment suggests Bending Spoons is serious about long-term growth.

Keywords: Bending Spoons, AOL, acquisition, Yahoo, email provider, mobile app developer, Luca Ferrari, user base, debt financing, internet brand, Verizon Communications, Time Warner, Apollo, deal

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