15.4 C
Oslo
Saturday, August 13, 2022

Suitors court Opera Software

One of Norway’s leading high-tech firms, Opera Software, has reported in a message to the Oslo Stock Exchange that it’s been contacted by several parties interested in taking over the company. 

“Opera will keep shareholders and other interested parties updated on the outcome,” Opera’s finance director, Erik Harrell, stated in a press release.

The stocklisted company reportedly has a market value ot NOK 8.8 billion (USD 1.07 billion). “It’s a company with many interesting possibilities,” DNB analyst Christer Roth told newspaper Dagens Næringsliv (DN). He thinks interested parties may include companies like Google, Facebook and Microsoft.

The result of the courtship process is expected by the end of the year.

newsinenglish.no staff

LATEST STORIES

FOR THE RECORD

For more news on Arctic developments.

MOST READ THIS WEEK

Donate

If you like what we’re doing, please consider a donation. It’s easy using PayPal, or our Norway bank account. READ MORE