Tuesday, 27 June 2017

Opera accepts $1.2bn takeover offer from Chinese consortium

By Nick Wood, Total Telecom
Wednesday 10 February 16

Browser maker's board unanimously recommends cash bid, reports Q4 revenue growth.

Mobile browser maker Opera on Wednesday accepted a US$1.2 billion takeover bid from a consortium of Chinese investors. The group is led by equity firm Golden Brick Silk Road Equity Investment Fund and includes Chinese security software maker Qihoo 360 and value-added services provider Beijing Kunlun Tech, among others. "We believe that the consortium…

Mobile browser maker Opera on Wednesday accepted a US$1.2 billion takeover bid from a consortium of Chinese investors. The group is led by equity firm Golden Brick Silk Road Equity Investment Fund and includes Chinese security software maker Qihoo 360 and value-added services provider Beijing Kunlun Tech, among others. "We believe that the consortium…

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