- Reuters•29 days ago
Norway's Opera Software (OPERA.OL) remains focused on developing its remaining business units rather than selling more, its chief executive said following the divestment of its TV business on Tuesday. "Now we have to focus on developing the four companies we have left, that is the only strategy we have," Lars Boilesen told Reuters after selling the TV unit to tech-focused investment firm Moore Freres. The company said on Tuesday it expected to use proceeds from the sale of the TV unit on extraordinary dividends.
- Reuters•6 months ago
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.
- Reuters•6 months agoChinese $1.2 billion takeover of Norway's Opera failed over U.S. concerns over users' privacy: Kunlun
A $1.2 billion takeover of Norwegian online browser firm Opera Software by a Chinese consortium of internet firms failed over concerns over users' privacy, a key concern for U.S. authorities, one of the Chinese partners told Reuters on Monday. As an alternative, the consortium, which includes search and security business Qihoo 360 Technology Co and Beijing Kunlun Tech Co, a distributor of online and mobile games, will take over certain parts of Opera's consumer business for $600 million. "According to what we know, it was because of Opera's other services, and involves very many users' privacy.
OS3.SG : Summary for Opera Software ASA Navne-Aksjer - Yahoo Finance
Opera Software ASA Navne-Aksjer (OS3.SG)
Stuttgart - Stuttgart Delayed Price. Currency in EUR
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As of 8:02AM CET. Market open.
|Bid||4.05 x 400000|
|Ask||4.16 x 100000|
|Day's Range||4.10 - 4.10|
|52 Week Range||3.98 - 7.26|
|PE Ratio (TTM)||N/A|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|