Chinese consortium further scales back Opera deal to $575m
A PE-backed Chinese consortium has agreed to scale back its ongoing acquisition of the web browser business of Norway’s Opera Software to a value of $575 million. It follows a renegotiation earlier this year that agreed a $600 million deal as an alternative to a failed takeover bid worth $1.2 billion.
The consortium includes Golden Brick Capital Private Equity Fund I, which is managed by Hong Kong-based private equity firm Golden Brick Capital - one of the participants in the take-private of Chinese...
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