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Google Bought $750 Million Lenovo Stake On January 30: Hong Kong Exchange

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy

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Google signage seen at the company's offices in New YorkHONG KONG (Reuters) - 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. (Reporting by Donny Kwok; Editing by Anne Marie Roantree and Paul Tait)




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