HONG KONG, July 2 (Reuters) - Proposed purchases by China's
Lenovo Group Ltd of IBM Corp's low-end server
unit and Google Inc's Motorola Mobility business
should be completed by year-end, Lenovo Chief Executive Officer
Yang Yuanqing said on Wednesday.
Last week, the Wall Street Journal reported that the $2.3
billion IBM deal was in limbo while the U.S. government
investigated national security issues.
The January announcement for the acquisition came nearly a
decade after Lenovo bought IBM's money-losing ThinkPad business
for $1.75 billion, which had also faced scrutiny.
Yang was speaking at Lenovo's annual general meeting in Hong
(Reporting by Clare Jim; Editing by Paul Tait)