Google bought $750 million Lenovo stake on January 30

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.

EDITORIAL OF THE DAY

  • Insurance regulator must ban differential pricing and exemptions on health covers

    To reduce their overall losses, non-life insurance companies have been increasing the health insurance premium they charge retail customers, both at t

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Arun Kumar Jain

Reframe mindset to achieve excellence

Niels Bohr, the famous quantum physicist on­ce said, “The opposite ...

Kuruvilla Pandikattu

More real than the reality

Virtual reality (VR), a te­chnology that offers an un­imaginably altered ...

Dharmendra Khandal

Urbanisation is costing us our wildlife

The road transport and highways minister Nitin Gadkari aims to ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture