BlackBerry will be sold for 4,7 billion dollars

The BlackBerry smartphone maker's board of directors has signed a preliminary agreement to sell the brand to the financial company Fairfax Financia Holdings. Itar-Tass broadcasts, what is the amount of the transaction 4,7 billion dollars, for which Fairfax Financia Holdings acquires 100 percent of phone maker assets. Fairfax Financia Holdings currently owns 10 percent of a Canadian company. For comparison: another major deal for the purchase of a smartphone manufacturer - Microsoft's acquisition of Nokia's mobile division - amounts to 7,2 billion dollars.

BlackBerry board of directors to decide on the sale of the company from August 2013 of the year. Computer giant Lenovo was considered one of the main contenders for the assets of the Canadian manufacturer.. The reason for the sale - the company has been in crisis for the past few years and has suffered losses.

  News Digest for 2 november 2022
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