M&A Report (October 2019)

FJONG, a Norway-based online clothes rental company, is targeting a GBP 3m-GBP 8m Series A to fund its 2021 US expansion, CEO Sigrun Syverud said.

Norwegian holding company INC Gruppen has mandated Bridgehead financial advisers to raise EUR 87.4m for a land-based salmon farm, KyrreIversen, project manager at Bridgehead, said.

Norwegian holding company INC Gruppen has mandated Bridgehead financial advisers to raise EUR 87.4m for a land-based salmon farm, KyrreIversen, project manager at Bridgehead, said.

Norwegian fertiliser maker Yara International is considering building a $2 billion plant in Mozambique and may seek partners to share the cost, the chief executive said.

Arise, an investment company formed by the Norwegian Investment Fund (Norfund), Netherlands Development Fund (FMO) and Dutch commercial bank Rabobank has taken a nearly 18 percent stake in zimbabwean bank NMBZ Holdings.

Nov 4 Beijing Kunlun Tech Co Ltd says its unit Kunlun Tech Limited formed a buyer group with other four parties and jointly acquired Opera Software AS from Opera Software ASA at final price of $575 million via SPV. Kunlun Tech holds 33.3 percent stake in the SPV.

A $1.2 billion takeover of Opera Software by a group of Chinese internet firms fell through on Monday after failing to get regulatory approval in time, sending the Norwegian browser firm's shares to a seven-month low.

Norway's Opera Software will say by early Monday whether all the conditions of a $1.24 billion takeover bid by a Chinese consortium have been met, the firm said on Friday.

Envision, one of the world’s leading renewable energy and technology companies, announced today that it will acquire Norway-based BazeField technology in a partnership that will drive both companies forward in the digital energy revolution.