Lenovo, China's biggest personal computer maker, said on Thursday it was confident that it would be allowed to complete its acquisition of IBM's PC business in the second quarter despite demands in the US for a security review.
Yang Yuanqing, chief executive, said the company had not received any notice from Washington that the deal could not go ahead. “The acquisition is proceeding as normal,” Mr Yang said, adding that Lenovo would co-operate closely with any US investigation. State-controlled Lenovo announced a $1.75bn bid for IBM's US-based PC division in December. The deal would be the biggest overseas takeover by a Chinese company.
