WSJ: Private-Equity Firms Raise Offers For Chinese Telecom Joint Venture
WSJ: Private-Equity Firms Raise Offers For Chinese Telecom Joint Venture
Interesting information:
- Bain Capital is in the play and is currently the highest bidder.
- The 1.5 to 2.0B price tag is for the whole H3C company. I was wrong yesterday assuming HW was selling its stake in H3C for that much. The updated back-of-the-envelop calculation still points to potential value appreciation ahead for 3COM, unless the following risky scenario becomes true, in which case 3COM's share price may actually fall:
- 3COM is considering to buy out HW's 49% stake and take full control of H3C.
11/29: 3COM's share drops as the company won the bid to buy Huawei's stake in H3C for 882m.
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