Home  ›  News  ›

Huawei's Suitors Emerge

Article Comments  

Jul 2, 2008, 10:30 AM   by Eric M. Zeman

Five companies have recently appeared as frontrunners as potential purchasers of Huawei's handset business. According to sources cited by The Wall Street Journal, Bain Capital Partners, Goldman Sachs' private equity arm, Kohlberg Kravis Roberts & Co., and Silver Lake Partners are the top five bidders. The winning bid for the Chinese company's assets, which include its mobile devices and laptop cards, will likely top $2 billion. Huawei hopes by selling its handset business to private investors, the business can grow is presence in the North American market.

Related

Comments

This forum is closed.

This forum is closed.

No messages

 
 
Page  1  of 1

Subscribe to news & reviews with RSS Follow @phonescoop on Threads Follow @phonescoop on Mastodon Phone Scoop on Facebook Follow on Instagram

 

Playwire

All content Copyright 2001-2024 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.