Stake Sold in Lenovo's Parent

Susan Hall

The Chinese government has found a buyer for a 29 percent stake in the parent company of PC maker Lenovo, reports The story says private investment group China Oceanwide Holdings Group has bought the stake in Legend Holdings for 2.76 billion yuan (US$404 million).


The state-run Chinese Academy of Sciences will retain a 36 percent stake and will remain its largest investor, according to Network World.

Add Comment      Leave a comment on this blog post

Post a comment





(Maximum characters: 1200). You have 1200 characters left.



Subscribe to our Newsletters

Sign up now and get the best business technology insights direct to your inbox.


Resource centers

Business Intelligence

Business performance information for strategic and operational decision-making


SOA uses interoperable services grouped around business processes to ease data integration

Data Warehousing

Data warehousing helps companies make sense of their operational data