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Google buys 6% stake in Lenovo for $750 million

Last week, Lenovo bought Google's Motorola handset division for $2.91 bn

Reuters Hong Kong
Last Updated : Feb 07 2014 | 9:51 AM IST

Internet search company Google Inc bought a 5.94% 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.

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First Published: Feb 07 2014 | 9:23 AM IST

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