| Kingdee
International to form Alliance with IBM
IBM and Lehman Brothers jointly invest in Kingdee International |
| (4 Jun, 2007, HONG KONG) - IBM (NYSE: IBM), Lehman Brothers
(NYSE: LEH) and Kingdee International Software Group Company
Limited ('Kingdee International' HKSE: 268) made a joint announcement
today. IBM and Lehman Brothers are investing in Kingdee International
with total investment amount of HK$ 132,000,000 for acquiring
approximately 7.7% of the issued share capital of Kingdee
International. Meanwhile, IBM and Kingdee International will
form a global alliance to enhance the competitiveness of their
clients in China and global markets, and help Kingdee International
to become an international company and truly global software
provider. More>> |
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About Kingdee International |
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Kingdee International Software Group Company Limited (www.kingdee.com),
a listed company on the Main Board of the Hong Kong Stock
Exchange (Stock code: 268), is recognized as a leading enterprise
management software and e-business application solution supplier
in the Asia-Pacific region. |
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Lehman Brothers (stock code: LEH), an innovator in global
finance, serves the financial needs of corporations, governments
and municipalities, institutional clients, and high net worth
individuals worldwide. Founded in 1850, Lehman Brothers maintains
leadership positions in equity and fixed income sales, trading
and research, investment banking, private investment management,
asset management and private equity. For further information
about Lehman Brothers' services, products and recruitment
opportunities, visit http://www.lehman.com |
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