Deals
Huawei Said to Have Failed in U.S. Takeover Bids
This article is for subscribers only.
Huawei Technologies Co. failed to reach agreements to buy two U.S. assets last month, even though the Chinese phone-equipment maker offered at least $100 million more in each case, according to two people with knowledge of the matter.
The sellers doubted Huawei’s ability to win U.S. government approval to purchase software supplier 2Wire Inc. and Motorola Inc.’s wireless-equipment unit, the people said. They declined to be identified because Huawei’s offers weren’t public.