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Legend spells out plan for new investment: parent of Lenovo to put $1.46 billion in energy, industries
- Source :
- Wall Street Journal. Europe. Sept 9, 2009, A27
- Publication Year :
- 2009
-
Abstract
- Legend Holdings Ltd., parent company of computer manufacturer Lenovo Group Ltd., says it will invest 10 billion yuan over the next five years in clean energy, new materials, technology, financial services, and other industries related to domestic consumption in China. The announcement comes after Oceanwide Holding Group Co. acquired a 29% stake in Legend for 2.76 billion yuan. Legend has also plans to list its shares and become a private company.
- Subjects :
- Legend Holdings Ltd. -- Securities
Legend Holdings Ltd. -- Planning
Legend Holdings Ltd. -- Investments
Legend Holdings Ltd. -- Company forecasts
Legend Holdings Ltd. -- Growth
Holding companies
Company securities
Company business planning
Company investment
Company business forecast/projection
Company growth
Banking, finance and accounting industries
Business
Business, international
Subjects
Details
- Language :
- English
- ISSN :
- 09219986
- Database :
- Gale General OneFile
- Journal :
- Wall Street Journal. Europe
- Publication Type :
- News
- Accession number :
- edsgcl.207747512