The U.S. Justice Department has reached a deal that will allow Huawei Technologies Co. finance chief Meng Wanzhou to return to her home in China nearly three years after she was detained in Canada on behalf of the U.S., people familiar with the matter said.
The agreement, which is expected to be entered in court later Friday, will require Ms. Meng to admit to some wrongdoing in exchange for prosecutors deferring and later dropping wire and bank fraud charges, the people said. She is scheduled to appear in federal court in Brooklyn Friday afternoon remotely from Canada.
