Lenovo mulls Blackberry purchase

Chinese PC maker Lenovo Group (0992.HKG) is proactively contemplating an offer for beleaguered smartphone maker BlackBerry (BBRY.NASDAQ, BB:TSE), The Wall Street Journal reported, citing several people familiar with the matter. Lenovo has signed a “nondisclosure” agreement that allows it to look at BlackBerry’s books, one of the people said, joining a list of potential bidders for the company, which has put itself up for sale. A Lenovo purchase of BlackBerry would be one of the biggest and most noteworthy Chinese acquisitions of a Western company.