Lenovo sells property venture to China's Sunac for $236m

Lenovo sells property venture to China's Sunac for $236m

A Lenovo logo is seen at the computer in Kiev, Ukraine April 21, 2016. REUTERS/Gleb Garanich/File Photo

Lenovo Group Ltd said on Thursday it would sell all its 49 percent stake in a China property joint venture to Sunac China Holdings Ltd for 1.62 billion yuan ($235.5 million), raising capital to fund operations and investments.

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