The Lenovo IBM Deal
Wharton School of the University of Pennsylvania posted an interesting editorial on the sale of IBM's PC business to China's Lenovo Group. This is a big announcement for China becoming a dominant player in the world of big business! Hopefully, Lenovo do a much better job in the ever increasing competitive space with leading brand & global distribution network coupled with low cost manufacturing.Where were the major private equity players in this deal? I'm surprised KKR, Goldmach Sachs, Blackstone, Apax, Carlyle, TPG, Silver Lake, or Clayton, Dubilier & Rice didn't get involved.
posted by Charles @ Wednesday, December 15, 2004
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