Monday, July 18, 2016

Chinese takeover fizzles: US$1.2B offer for Opera fails to secure regulatory approval

After the takeover tripped over regulatory hurdles, the ‘Consumer Business’ will be sold to the same consortium for US$600 million Opera Software announced today the*US$1.24 billion takeover by a Chinese consortium of companies has failed because the ‘Offerors’*failed to win regulatory approval, according to an announcement provided to e27 by Opera. The deal needed to...
The post Chinese takeover fizzles: US$1.2B offer for Opera fails to secure regulatory approval appeared first on e27.


More...


via VRForums | Singapore Technology Lifestyle Forums - News around the web! http://ift.tt/29P1tp1

No comments:

Post a Comment