- The Wall Street Journal•13 days ago
Opera Software ASA agreed to exclude its video-compression and virtual private network business from the sale of the Oslo-based company’s internet browser to a Chinese consortium after earlier failing ...
- The Wall Street Journal•last month
Deal follows failure to get regulatory approvals for a $1.2 billion takeover of the Norwegian company
- Reuters•last month
OSLO/BEIJING (Reuters) - A $1.2 billion takeover of Opera Software by a group of Chinese internet firms fell through on Monday after failing to get regulatory approval in time, sending the Norwegian browser firm's shares to a seven-month low. The deal needed a green light from the United States and China, and one firm in the Chinese consortium said U.S. privacy concerns would have led to an investigation into some of Opera's products that risked delaying the acquisition for up to a year. The so-called Kunqi consortium, which includes online and mobile games distributor Beijing Kunlun Tech Co and search and security business Qihoo 360 Technology Co, will now buy certain parts of Opera's consumer business.
Opera Software ASA (OPESF)
Other OTC - Other OTC Delayed Price. Currency in USD
|Day's Range||6.80 - 6.80|
|52wk Range||5.95 - 6.80|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||-23.45|
|Avg Vol (3m)||700|
|Dividend & Yield||0.00 (0.00%)|