The Chinese want to buy the company-maker of the Opera browser for $1.2 billion

OSLO, 10 February. /Corr. Yuri Mikhailenko/. China investment Fund Golden Brick Silk Road and its partner companies involved in the IT industry of the PRC, we intend to redeem 100% of the shares of the Norwegian Opera Software ASA is the developer of the popular Internet browser Opera.

According to the report released by Norwegian company, Chinese investors offer the crown 71 per share, thus the total transaction amount exceeds 10.5 billion kroner ($1.23 billion at current exchange rates).

The Board of Directors of Opera Software has unanimously supported the deal and urged shareholders to accept the offer. A potential buyer offers 56% more weighted average price of the company’s shares over the past 30 trading days.

The decision to sell the company must be made not later than March 15. Upon completion of the deal, Opera will have to enter into a consortium with Chinese companies Beijing Kunlun Tech (developer of browser games) and Qihoo 360 Software (anti-virus products) for a “consolidation of the General’s leading position in the international Internet space.

Opera rounded out the top five most popular Internet browsers in the world. According to statistics for the fourth quarter of 2015, it is preferred by 1.5% of PC users and 5.6% of PC users and mobile devices.