Opera buys back all shares held by Qifei
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https://wallstreetcn.com/livenews/2305342
2022-09-23 (Translated by Google)
360: Qifei, a wholly-owned subsidiary, intends to sell 46.75 million shares (about 20.30% of the total shares of Opera Browser) held by its shareholding company Opera Limited (Opera Browser) at a price of US$5.50/ADS by Opera Browser repurchased for a total transaction price of $129 million. -
@Aaron So a Chinese consortium buys back shares from another Chinese company, after this company acquired the shares just a few days ago? ☛ https://www.benzinga.com/news/22/09/28982206/opera-pr-confirms-qifei-international-development-co-ltd-a-wholly-owned-subsidiary-of-360-security-t
Anyway, I don’t see how this matters.
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In these days i trust such shareholders the same as russian oligarchs - NOT.
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@DoctorG said in Opera buys back all shares held by Qifei:
the same as russian oligarchs
Are oligarchs from any country trustworthy?
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@Eggcorn Oh, yes, i forgot all these other oligarchs and criminals.