Lenovo says in talks to buy Packard Bell

NEW YORK, Aug 7 (Reuters) Lenovo Group Ltd., the world's third-largest maker of personal computers, said on Tuesday it is in talks to buy European personal computer maker Packard Bell BV, through an independent third party.

While no definitive deal has been reached, Lenovo said it negotiating with the independent third party, which its does not name, as well as working with other parties or government bodies ''in preparation for the entering into of definitive agreements for such proposed acquisition.'' Lenovo notes that no deal may materialize.

According to a report in the Hong Kong Economic Journal, Lenovo is battling with its Taiwan rival Acer Inc. to buy Packard Bell, REUTERS DKS ht2017