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Announced

Completed

Lenovo completed the acquisition of the digital units of PCCW for $614m.

Financials

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Transaction Value£503m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Digital Services

Friendly

it solutions

Acquisition

Single Bidder

digital services

Domestic

Private

Hong Kong

Majority

Completed

Synopsis

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Lenovo, a multinational technology company, completed the acquisition of the digital units of PCCW, a global telecommunications provider, for $614m. "The transaction allows the company to expand its IT services capabilities, its suite of service offerings as well as the geographic and vertical coverage of customers and partners," Lenovo.

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