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General

GlobalFoundries quietly files for IPO in the US - report

Thursday 19 August 2021 | 11:39 CET | News
Semiconductor manufacturer GlobalFoundries has quietly filed for a US IPO, the Economic Times of India reported. The IPO could value the company at about USD 25 billion, according to sources familiar with the matter. Reports last month said Intel was in talks to buy the company, owned by Abu Dhabi sovereign wealth fund Mubadala Investment Co, for USD 30 billion. 

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Categories: General
Companies: GlobalFoundries / Intel
Countries: World
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