Deal announced: 09/28/2007
Deal withdrawn: 03/20/2008
Investors: Huawei Technologies
Value of the deal: $2.2 billion
Bain claimed the US government, specifically the Committee on Foreign Investment in the United States (CFIUS), had killed the deal due to national security concerns; but for some observers that sounded like a convenient excuse.
The data network provider doesn't seem to buy it either, and is in the process of trying to get its $66 million termination fee. NEXT: Alliance Data Systems (private-label credit cards)