TODAY.AZ / Business

Google buys Lenovo share

08 February 2014 [09:15] - TODAY.AZ
Internet search company Google Inc bought a 5.94 percent stake in China's Lenovo Group Ltd last month for $750 million, according to a disclosure on the Hong Kong stock exchange.

Google acquired 618.3 million Lenovo shares at $1.213 per share on January 30, the stock exchange said late on Thursday.

Lenovo agreed to buy Google's Motorola handset division last week for $2.91 billion in a cash and stock deal.


/Reuters/

URL: http://www.today.az/news/business/130712.html

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