Cleary Gottlieb is representing Lenovo Group Limited in connection with its joint venture with Compal Electronics, Inc., a leading original design manufacturer (ODM) principally engaged in the production of notebook computers, monitors and televisions.
The joint venture agreement was signed on September 26, 2011 and Lenovo, a HKSE listed company, made a public announcement dated the same day in accordance with the Hong Kong Listing Rules. Upon closing of the transaction, Lenovo will hold a 51% interest in the joint venture holding company and Compal will hold 49%.
