BRIEF: Syndicate sells stake in Lenovo

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BRIEF: Syndicate sells stake in Lenovo

A syndicate of investors is selling down its 2.8% stake in Chinese computer company Lenovo Group through a block trade that was expected to price on Monday night. The 282m-share sale will raise about HK$1.5bn ($193m) for shareholders TPG, Newbridge Capital and General Atlantic.

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