Fujitsu buyout of Siemens stake is 'imminent'
Fujitsu may buy out the Siemens half share in their Fujitsu Siemens Computers (FSC) joint-venture for half a billion dollars and sell off the PC and retail side of the business to Lenovo. According to a Bloomberg report a sum of 50-60 billion yen is involved, with a possible announcement next week. Siemens is known to want to …
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Posted Friday 31st October 2008 15:53 GMT
Siemens MD live up to his name #
Loescher means loser in english.... So he's losing this - or is it the plot, they should have been making a lot for a long time.
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