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Opera Software details IPO plans

OSLO, Norway-Opera Software detailed its previously announced plans for an initial public offering in Norway, with hopes of scoring around $40 million. The move is a nod to the company’s successes in the mobile-phone market, as more and more major handset manufacturers license the company’s scaled-down Web browser.

Opera expects to issue between 12.5 million and 16.1 million new shares, and trading will begin March 11.


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