UPDATE 1-Chinese $1.2 bln takeover of Norway's Opera fails, but alternative deal set
July 18, 2016 at 02:30 AM EDT
OSLO, July 18 (Reuters) - A $1.24 billion agreed takeover of Norwegian online browser and advertising company Opera Software by a Chinese consortium of internet firms has failed, Opera said on Monday, after warning last week the deal had yet to win regulatory approval.