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Report: Google Plans To Raise $221 Million By Selling Its Stake In Lenovo
Wednesday, June 1, 2016 - 10:06am | 178Alphabet Inc (NASDAQ: GOOG) is looking to raise $221 million by selling its stake in China-based Lenovo, according to a deal term sheet seen by IFR and reported by Reuters. Reuters noted that Google will offer 371 million shares of the Hong-Kong listed Lenovo at a price range of HK$4.56 to HK$4...
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Report: IBM Looking To Unload Its Remaining Stake In Lenovo
Wednesday, March 2, 2016 - 10:43am | 108International Business Machines Corp. (NYSE: IBM) is looking to sell its remaining $150 million stake in Lenovo, according to a report by IFR, a Thomson Reuters publication. Reuters, citing the IFR report, noted that IBM is looking to sell its remaining 182 million share stake in Lenovo at a price...