Article: LENOVO GROUP INTENDS TO GO PUBLIC IN NEW YORK


AsiaInfo Services
04-05-2005
Lenovo Group Intends to Go Public in New York

BEIJING, Apr 05, 2005 (SinoCast via COMTEX) -- Lenovo Group Limited (SEHK: 0992),China's largest personal computer maker, has a mind to go public in the New York, disclosed by Mary Ma, senior vice president and CFO of the group on April 1, 2005. However, thereis no definite timetable about the move, she added.

On March 31, 2005, Lenovo Group announced that it had reached agreements with three global leading private equity firms -- Texas Pacific Group, General Atlantic, and Newbridge Capital LLC of the US -- to gain strategic investment of USD 350 million from them by selling convertible ...

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