Opera Limited (OPRA) Divests Nanobank

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Go back to Opera Limited (OPRA) Divests Nanobank

Opera Divests Nanobank

March 22, 2022 4:17 PM EDT

OSLO, Norway, March 22, 2022 /PRNewswire/ -- Opera Limited (Nasdaq: OPRA) ("Opera") announced that it had sold its 42.35% ownership interest in NanoCred Cayman Co. Limited ("Nanobank") to an undisclosed thirdparty buyer for $127.1 million in cash. Payment will be made in eight equal quarterly installments over the next two years with no contingencies. The transaction closed on March 22, 2022.

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