International M&A cases investigation
Case ¢ñ: LENOVO Ltd. Co. purchased IBM¡¯s worldwide PC business.
On May 1st, 2005, LENOVO Ltd. Co., one of the most famous PC producers in China, declared officially to the whole world that it had successfully purchased IBM¡¯s worldwide PC business, including the business of Table computers and Laptops. The huge purchasing price amounted to 1.75 billion USD. However, what¡¯s the most significant for LENOVO was that it would become the third largest PC producer all over the world and rank among the global Top 500 corporations with a consolidated yearly income of 12 billion USD.
Motives:
As the largest domestic PC producer in China, LENOVO had been developing fast and operated well since it was established in 1988. Not only it came into the stock market at Hong Kong United Securities House in 1994 and later became one of the largest PC producers in Asia but also developed a brand new computer, ¡°SHENTENG 6000¡±, which......
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