Tremor International is in advanced talks to buy Amobee, a US-based peer, in a deal that bankers say would be hugely earnings-accretive, Sky News learns.
Tremor International, the London-listed advertising technology provider, is in talks with a Singaporean telecoms giant about acquiring one of its subsidiaries in a deal worth more than £165m.
Banking sources said that if successful, it would generate over £60m in additional earnings for the London-listed company - essentially doubling its profitability.
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