 Posted: Mon 7:05, 17 Jan 2011 Post subject: China Oceanwide buys 29 p.c. of Lenovo parent |
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| Post time:2009-09-07Source:news.ciol.comAuthor:reprintEditor:jinxiaomei,Telecommunication provider
China Oceanwide Holdings Group,Software Localization, a private investment firm,Pharmaceutical Outsourcing, said on Friday it had bought 29 per cent of Legend Holdings,Business process outsourcing company, the parent of the world‘s No. 4 PC maker,Telecommunication outsourcing, Lenovo. A spokeswoman for China Oceanwide said the firm bought the stake for 2.76 billion yuan ($404.1 million) and that more information would be available at a media event next Tuesday. The asset management unit of the Chinese Academy of Sciences was seeking 2.76 billion yuan for the 29 percent stake of Legend Holdings. |
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