Home Business Google Buys 5.94 Per Cent Stake In Lenovo For $750 Million

Google Buys 5.94 Per Cent Stake In Lenovo For $750 Million

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Hong Kong, Feb 8- Google Inc has bought a 5.94 per cent stake in China’s Lenovo Group for $750 million, according to a disclosure on the Hong Kong Stock Exchange.

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

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

-Indiatoday