Advertisement
UK markets closed

  • FTSE 100

    8,213.49
    +41.34 (+0.51%)
     

  • FTSE 250

    20,164.54
    +112.21 (+0.56%)
     

  • AIM

    771.53
    +3.42 (+0.45%)
     

  • GBP/EUR

    1.1652
    -0.0031 (-0.26%)
     

  • GBP/USD

    1.2546
    +0.0013 (+0.11%)
     

  • Bitcoin GBP

    50,957.77
    +315.79 (+0.62%)
     

  • CMC Crypto 200

    1,335.05
    +58.07 (+4.55%)
     

  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     

  • DOW

    38,675.68
    +450.02 (+1.18%)
     

  • CRUDE OIL

    77.99
    -0.96 (-1.22%)
     

  • GOLD FUTURES

    2,310.10
    +0.50 (+0.02%)
     

  • NIKKEI 225

    38,236.07
    -37.98 (-0.10%)
     

  • HANG SENG

    18,475.92
    +268.79 (+1.48%)
     

  • DAX

    18,001.60
    +105.10 (+0.59%)
     

  • CAC 40

    7,957.57
    +42.92 (+0.54%)
     
BRANDS:

Meet one of the UK’s largest unknown start-ups

Video editing platform Veed has grown to 10 million users

Opera chairman: approval of $1.2 billion Chinese takeover deal not received in time

Reuters

OSLO (Reuters) - Regulatory approval for a Chinese $1.2 billion takeover deal of Norwegian online browser Opera Software had not been received in time of a final deadline for the deal last Friday, the chairman of Opera Software said on Monday.

"It was not a negative outcome: it was not concluded," Opera Chairman Sverre Munck said during a conference call on Monday following the announcement of the failure of the original deal.

He declined to say whether regulatory approval by China, the United States, or both, had been lacking. An alternative $600 million for parts of the business has been approved by the board of the company.

(Reporting by Gwladys Fouche, editing by Stine Jacobsen)