Canadian Government Likely to Seek Promises From Lenovo in Blackberry Bid
If Lenovo winds up bidding for troubled Canadian smartphone maker BlackBerry, the Chinese computer company should prepare for heavy scrutiny in the U.S. and Canada. It may also be asked to make significant promises to BlackBerry’s home country.
Recent sizable Canadian acquisitions by foreign companies suggest that Lenovo might have to make firm commitments around job protection and research and development spending, or pledge to seek a listing on a Canadian exchange, in order to get a green light from Ottawa.