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| Friday, September 05, 2008 23:46:42 |
Huawei looking to sell mobile handset division: Rumor
Telecoms equipment producer Huawei Technologies has hired Morgan Stanley (MS.NY) to look for buyers for up to 49% of its mobile handset business starting June 23, China Business News reported, citing a well-informed source. The company declined to comment on the news. The source said that Huawei would sell a 49% stake in the estimated $4 billion business and that equity ...
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