Lenovo Enters Strategic Collaboration With Alat, Subsidiary Of PIF Signs Agreement For $2 Billion In Zero Coupon Convertible Bonds
Lenovo News, Wednesday, May 29th, 2024
Collaboration to accelerate Lenovo's ongoing transformation, further enhance global presence, and increase geographic diversification of global manufacturing footprint
Lenovo Group Limited (HKSE: 992) (ADR: LNVGY) announced that it has signed a Strategic Collaboration Framework Agreement ('Strategic Collaboration') and a Bond Subscription Agreement ('Investment') with Alat, a Public Investment Fund* (PIF) company focused on transformative technology investment and sustainable manufacturing.