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BRIEF- Fujitsu says strategic alliance with Lenovo Group and Development Bank of Japan
November 2, 2017 / 5:04 AM / a month ago

BRIEF- Fujitsu says strategic alliance with Lenovo Group and Development Bank of Japan

Nov 2(Reuters) - Fujitsu Ltd

* Says it signs a strategic alliance with Lenovo Group Limited and Development Bank of Japan Inc, on Nov. 2, on PC business

* Says the company will transfer 51 percent stake in wholly owned unit FUJITSU CLIENT COMPUTING LIMITED to Lenovo International Coӧperatief U.A., a group company of Lenovo Group Limited and will transfer 5 percent stake in the wholly owned unit to Development Bank of Japan

* Says transaction date is expected to be in Q1 FY 2018

Source text in Japanese:goo.gl/YVZrc5

Further company coverage: (Beijing Headline News)

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