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Reuters: U.S. buyout shops team up for China's Huawei unit

Started by chris, July 21, 2008, 11:41:12 AM

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chris

U.S. buyout shops team up for China's Huawei unit
      


HONG KONG (Reuters) - Private equity firms Silver Lake and Providence Equity Partners have teamed up to bid for a stake in a unit of China's Huawei Technologies, sources involved in the process said on Monday, in a deal that could fetch more than $2 billion.
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