GlobalFoundries expects stock sale to raise $1.4 billion - NewsBreak
By Gesard in Business
Updated 3 years ago
MALTA - GlobalFoundries is hoping to raise about $1.4 billion through the sale of 55 million shares in its initial public offering expected by the end of the year. The chipmaker, which employs 3,000 people at its Fab 8 campus in Malta, has been planning the IPO for several years now,...