Mubadala Plans IPO for Microchip Producer as it Seeks Liquidity for Venture Capital

9th April, 2021
Abu Dhabi sovereign wealth fund Mubadala is continuing to explore avenues for liquidity and has begun preparations for an IPO in its semiconductor business GlobalFoundries.The IPO is reportedly targeting a total enterprise value of US$20 billion and is scheduled for 2022. The offering is set to coincide with the global...
Abu Dhabi sovereign wealth fund Mubadala is continuing to explore avenues for liquidity and has begun preparations for an IPO in its semiconductor business GlobalFoundries.The IPO is reportedly targeting a total enterprise value of US$20 billion and is scheduled for 2022. The offering is set to coincide with the global...

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