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Private Equity Firms Bid on Huawei's Mobile Unit

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Oct 1, 2008, 9:57 AM   by Eric M. Zeman

The Wall Street Journal is reporting that two different private financial firms have bid undisclosed amounts for the mobile phone unit of Chinese electronics maker Huawei. The two firms are Bain Capital Partners LLC and Silver Lake Partners LP. More details were unavailable. Details on the bids were not disclosed.

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