Huawei mulls initial public offering, report says
Huawei, the embattled Chinese mobile company looking to expand its footprint internationally, is now eyeing an initial public offering, according to a new report.
Huawei has contacted investment banks to learn more about the process that would eventually take its shares public, The Wall Street Journal is reporting today, citing sources. The company isn’t sure yet where it might list its stock and doesn’t know how that process might go, according to the Journal’s sources.
Over the last several months, Huawei, which derives much of its business activity from telecommunications equipment, has…
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