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Business

Japan state bank weighing stake in Fujitsu-Lenovo PC venture

TOKYO -- The government-owned Development Bank of Japan is considering taking up to a 10% interest in a proposed joint venture between Fujitsu's personal computer business and China's Lenovo Group.

Fujitsu and Lenovo are in negotiations with a goal of reaching an agreement by the end of the month. One proposal is for Lenovo to take a 51% stake and Fujitsu at least a one-third interest in the venture, with the remainder going to the DBJ. Fujitsu and Lenovo could also seek investment from elsewhere.

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