Brief: 360 Security's Unit To Sell Its Stake In Opera For $128.6 Mln
Sept 23 (Reuters) - 360 Security Technology Inc
601360.SS :
* SAYS UNIT AGREES TO SELL 46.75 MILLION SHARES, OR 20.30%
STAKE,
IN OPERA LTD OPRA.O FOR $128.6 MILLION
* SAYS OPERA AGREES TO BUY BACK ITS ENTIRE 46.75 MILLION
SHARES
OWNED BY 360'S UNIT QIFEI INTERNATIONAL DEVELOPMENT
Source text
Further company coverage: 601360.SS
(Reporting by Hong Kong newsroom)
((meg.shen@thomsonreuters.com; 852-39525805;))
Recent news on Opera
See all newsOpera loses court challenge against EU exemption of Microsoft's Edge from DMA rules (updated)
EU court rejects Opera challenge against EU exemption of Microsoft's Edge from DMA rules
Opera Ltd reports results for the quarter ended June 30 - Earnings Summary
Norway's Opera Q2 revenue jumps; full-year outlook lifted
Opera Ltd expected to post earnings of 33 cents a share - Earnings Preview