Opera to Be Sold to Chinese Tech Companies for $1.2 Billion

  • Buyers plan to begin 71-kroner-a-share cash tender offer
  • Price is 46% premium to latest close for Web browser maker

Opera Software ASA agreed to sell itself to a group of Chinese technology companies for about 10.5 billion kroner ($1.2 billion) in a deal that will give the Norwegian maker of Web browsers additional financing and access to new customers in China.

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