Bending Spoons Agrees to Acquire AOL, Secures $2.8B Debt Financing

Why It Matters

The deal gives Bending Spoons a large, loyal email user base and diversifies its portfolio beyond mobile apps, positioning it to influence the competitive email market and accelerate consolidation of legacy internet assets under a European tech firm.

Deal Summary

Bending Spoons announced on Oct 29, 2025 that it has agreed to buy AOL from Yahoo (backed by Apollo) and has secured a $2.8 billion debt financing package to support the purchase. The acquisition is expected to close by the end of the year, subject to closing conditions and regulatory approvals.