Google buys $750m Lenovo stake

Google acquired 618.3 million Lenovo shares at $1.213 per share on 30 January.

Google acquired 618.3 million Lenovo shares at $1.213 per share on 30 January.

HONG KONG - Internet search company Google Inc bought a 5.94 percent stake in China's Lenovo Group Ltd for $750 million, according to a disclosure on the Hong Kong stock exchange.

Google acquired 618.3 million Lenovo shares at $1.213 per share on 30 January, the stock exchange said on Thursday.

Lenovo agreed to buy Google's Motorola handset division last week for $2.91 billion in a cash and stock deal.