WASHINGTON, Feb. 29 (Xinhua) -- Bain Capital LLC and China's Huawei Co. plan to resubmit an application seeking U.S. approval for their planned 2.2 billion-U.S. dollar buyout of 3Com Corp. within the next several weeks, The Wall Street Journal reported on Friday.

    The new transaction under consideration still would leave Huawei with 16.5 percent of the company and Bain holding the rest, the report quoted people familiar with the matter as saying.

    But the deal would be structured to limit Huawei's access to some core U.S.-related network products, including certain Ethernet technologies, which are essential for the communications between computers, said the report.

    The purchase price is expected to remain the same.

    On Sept. 28, 3Com's Board of Director unanimously approved a definitive merger agreement under which the company would be acquired by affiliates of Bain Capital Partners for approximately 2.2 billion dollars in cash.

    Last week, the parties pulled their application with the Committee on Foreign Investment in the United States., or CFIUS, a12-agency government panel amid concerns it would be rejected due to the pressure from the Congress.