Thu. 23 May 2024, 2:14am ET
Benzinga
News
The Selling Shareholder is a wholly owned subsidiary of Mubadala Investment Company PJSC (which, together with its affiliates, is GlobalFoundries' largest shareholder).
GlobalFoundries has agreed to concurrently repurchase from the underwriters $200 million of the Selling Shareholder's ordinary shares that are subject to the offering at a price per share equal to the public offering price for the offering (the "Share Repurchase")