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Bending Spoons to Acquire AOL for $1.5 Billion

10/30/2025

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Summary

Story summary

Italian tech company Bending Spoons will acquire AOL from Apollo Global Management for about $1.5 billion, with closing expected by end of 2025, pending regulatory approvals.
AOL generates $400 million in annual earnings and has about 8 million daily active users.
Bending Spoons plans to invest significantly in AOL to enhance its product and business.
The deal lets Yahoo, also owned by Apollo, focus on core products and AI investments.

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Story summary

Italian tech company Bending Spoons will acquire AOL from Apollo Global Management for about $1.5 billion, with closing expected by end of 2025, pending regulatory approvals.
AOL generates $400 million in annual earnings and has about 8 million daily active users.
Bending Spoons plans to invest significantly in AOL to enhance its product and business.
The deal lets Yahoo, also owned by Apollo, focus on core products and AI investments.