Tag Archives: M&A

Lenovo Posts First Annual Loss in 6 Years on M&A fees

China’s Lenovo organization Ltd on Thursday reported its first loss in six years, with profits pulled down by means of acquisition and restructuring fees as well as vulnerable sales of smartphones and private computers (desktops). the arena’s biggest laptop maker booked a net loss of $128 million (roughly Rs. 859 crores) for the enterprise year ended March, from $829 million ... Read More »