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UK shares boosted by ARM takeover bid

2016-07-18 09:39:39| BBC News | Business | UK Edition

The FTSE has opens up very slightly ahead on Monday, as shares in ARM Holdings soar by more than 45%.

Tags: bid arm shares takeover

 

Opera cancels full takeover, sells some consumer ops

2016-07-18 09:09:00| Telecompaper Headlines

(Telecompaper) Opera has canceled its full takeover by a Chinese consortium after transaction conditions were not met by the deadline of 15 July. Opera has, however, approved an alternative transaction, for EUR 600 million: the sale of some of its consumer business and namely, its mobile browser, including its Operator Co-brand systems, its desktop browser, performance and privacy apps, Opera's technology license business outside of Opera TV, and Opera's 29.09 percent stake in Chinese joint venture nHorizon. The purchase price is subject to customary adjustments for NIBD and working capital at closing.

Tags: full consumer opera sells

 
 

ARM Holdings in 24bn Japanese takeover deal

2016-07-18 04:09:30| BBC News | Business | UK Edition

ARM Holdings, one of the UK's biggest technology companies, is set to announce it is being bought by Japan's Softbank for 24bn ($32bn).

Tags: deal japanese arm holdings

 

$1.2bn Opera takeover falls through

2016-07-18 02:00:00| Total Telecom industry news

Browser maker strikes new $600m deal with Chinese consortium for its consumer assets.

Tags: falls opera takeover 12bn

 

Poundland agrees to takeover from Steinhoff International

2016-07-13 08:42:38| BBC News | Business | UK Edition

Discount chain Poundland agrees to a 597m takeover by South African retail group Steinhoff International.

Tags: international agrees takeover agrees takeover

 

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