GloFo files to raise $2.6bn in IPO

GlobalFoundries  has filed with the US SEC to IPO on the Nasdaq. GloFo is to sell 33 million shares and major shareholder Mubadala is to sell 22 million shares for between $42 and $47 a share in an attempt to raise $2.6 billion. If $47 is achieved that would put a value on GloFo of ...

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