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CRI听力:China Approves Lenovo, IBM $2.3 Bln Server Deal

2014-07-05来源:CRI

The Chinese Ministry of Commerce's anti-monopoly bureau has approved Lenovo's deal to buy IBM's low-end server business.

Lenovo announced its plan to purchase the IBM business for 2.3 billion US dollars in January.

Lenovo Chief Executive Yang Yuanqing said earlier this week that the deal is expected to be completed by the end of the year.

It still requires U.S. regulatory approval.