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Opera agrees takeover by Kunlun, Qihoo for USD 1.2 bln

2016-02-10 08:15:00| Telecompaper Headlines

(Telecompaper) Opera Software has agreed a takeover offer worth USD 1.2 billion from a consortium of Chinese investments. The bidders are led by Golden Brick Silk Road Equity Investment Fund with the partners Beijing Kunlun Tech, Qihoo 360 Software and Yonglian (Yinchuan) Investment. The cash offer of NOK 71 per share is a 56 percent premium on Opera's average share price in the past 30 days and is the result of a strategic review started by the Norwegian company last August. Opera's board has recommended the offer to shareholders, and a number of large shareholders and management holding in total 33 percent of shares have already agreed to accept the takeover offer. 

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Dell agrees $67bn EMC takeover

2015-10-12 13:35:57| BBC News | Business | UK Edition

US computer giant Dell agrees a deal to buy data storage company EMC for $67bn.

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TSB agrees takeover by Spanish bank

2015-03-20 08:48:17| BBC News | Business | UK Edition

TSB - the bank formerly owned by Lloyds - has agreed to a 1.7bn takeover by Spanish bank Sabadell.

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Optos agrees A 259m takeover by Nikon

2015-02-27 13:45:10| Electronics - Topix.net

Fife-based eye specialist Optos has agreed to be taken over by the Japanese group Nikon Corporation, in a deal which values the company at A 259m. The Dunfermline-based firm described the deal as "fair and reasonable" and said it would help transform it into a "global medical business".

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Aviva agrees Friends Life takeover

2014-12-02 08:32:13| BBC News | Business | UK Edition

UK insurance giant Aviva agrees to buy pensions company Friends Life in a deal that will create the UK's largest insurance, savings and asset management firm.

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