IBM Plans to Sell off Shares in Lenovo | |||||||||||
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//english.dbw.cn 2016-03-04 10:26:57 |
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It is being reported computer giant IBM is planning to sell off its remaining shares of Chinese computer firm Lenovo. IBM is reportedly offering 182 million shares to investors at a price of 80-US cents each. This would net IBM around 150-million US dollars. Goldman Sachs is running the share sale. Neither IBM or Lenovo has made comment. IBM has been undergoing a restructuring, which has included massive job cuts, since last year |
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Author: Source:CRI Editor:Yang Fan |