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Sina Technology News Beijing time on the afternoon of February 10th news, a group of Chinese companies issued a tender offer to the Norwegian mobile browser company Opera, hoping to acquire the company for 10.5 billion Norwegian kroner (about 1.23 billion US dollars).
The acquirers include Qihoo 360 and Kunlun Wanwei, and they plan to start the acquisition at a price of 71 NOK per share (approximately US$8.29 per share), which is 45.6% higher than Opera's share price on Friday.
Opera's share price has been suspended since last Friday, and the company considered selling it last year.
Opera said in a statement: "Opera's board of directors has unanimously decided to recommend company shareholders to accept this offer."
The acquirer of the transaction also includes two non-listed companies, Golden Brick and Yonglian Investment.
The Opera Board of Directors stated that shareholders who agreed to the transaction held 33% of Opera's total share capital.
Opera is a veteran browser manufacturer from Norway, which has been around for 20 years. Opera is suitable for multiple mobile and mobile platforms. Opera maintains a 2% market share in the desktop browser, second only to IE, Firefox, Chrome and Safari.
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