General Atlantic loses interest in Huawei
Private equity firm General Atlantic has backed away from buying a stake in the handset unit of China’s Huawei Technologies. At least three other serious contenders are still in the battle for the share including the paired team of Providence Equity Partners and Silver Lake; Bain Capital and AEA Investors. Find out behind the scene details about why General Atlantic dropped out and what Huawei’s next step will be in the auction in EuroWeek on Friday.
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