|
BIZCHINA> Top Biz News
![]() |
|
Related
Reports: Lenovo offers $833m for Positivo
By Wang Xing (chinadaily.com.cn)
Updated: 2008-12-12 11:52 Chinese PC maker Lenovo has offered $833 million (2 billion reais) for the acquisition of Brazil's largest PC maker Positivo Informatica, local media reported. Business News Americas, in a report citing the Brazil newspaper Folha de S Paulo, stated that Positivo Informatica's directors would be interested in selling the company for at least 3 billion reais, down from the previously expected 4.7 billion reais due to the high rate of exchange for the US dollar and the devaluation of the company's shares,. Positivo Informatica said in a filing that it was willing to consider any proposals which may be in the best interests of the company and its shareholders. US computer giant Dell has also reportedly shown interest in buying the Brazilian company, the report said. Lenovo confirmed in a statement yesterday that the company has had preliminary discussions with independent third parties regarding potential investment opportunities and acquisitions. But they did not guarantee any definitive agreement. The deal, if successful, could be Lenovo's largest overseas acquisition since it bought IBM's PC arm in 2005. The possible acquisition of Positivo Informatica was first reported on Wednesday, when Estado de S. Paulo said Lenovo is bidding for the Brazilian company after its executives visited Positivo Informatica's headquarters in the southern city of Curitiba. The acquisition could help Lenovo speed up its expansion in the emerging market at a time when PC markets in other major developed countries are slowing due to the financial crisis. Last year, Lenovo tried to acquire the European computer maker Packard Bell but the effort was foiled by Acer's takeover of the US PC maker Gateway. The Taiwan-based Acer later replaced Lenovo as the world's third largest computer maker. (For more biz stories, please visit Industries)
|
淮阳县| 元氏县| 海城市| 定日县| 崇义县| 西华县| 西乌珠穆沁旗| 东宁县| 德庆县| 两当县| 加查县| 阿荣旗| 聂荣县| 高陵县| 平山县| 北川| 开江县| 信宜市| 武功县| 永平县| 即墨市| 尖扎县| 济宁市| 大悟县| 江津市| 盐山县| 中山市| 高尔夫| 蓬安县| 文水县| 新宾| 延川县| 襄汾县| 邯郸市| 澄城县| 泰宁县| 那坡县| 疏勒县| 澎湖县| 玉田县| 泗洪县|