Reuters: Technology News: China's Lenovo to buy Brazilian electronics firm CCE

Reuters: Technology News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

China's Lenovo to buy Brazilian electronics firm CCE Sep 5th 2012, 14:41 SAO PAULO/HONG KONG | Wed Sep 5, 2012 10:41am EDT SAO PAULO/HONG KONG (Reuters) - China's Lenovo Group Ltd agreed to buy Brazil's largest domestic consumer electronics maker CCE for 300 million reais ($148 million), according to a securities filing on Wednesday. The deal comes as the world's No. 2 PC maker by sales looks towards Brazil's promising consumer market to offset slowing profit growth both at home and in developed markets. (Reporting by Asher Levine and Alberto Alerigi in Sao Paulo and Anne Marie Roantree in Hong Kong; Writing by Asher Levine; Editing by Gerald E. McCormick)

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions