Lenovo Group Reacquires Its Mobile Handset Business
Lenovo Group is acquiring the entire interest of mobile handset business Lenovo Mobile Communication Technology Ltd. from a group of investors led by Hony Capital. The deal is valued at approximately $200 million in cash and Lenovo shares. Lenovo divested Lenovo Mobile in March 2008, as part of a plan to refocus on the company's core PC business.
27 November 2009•3 mins read
