ATIC chunks down for AMD foundry while Mubadala doubles down
Tuesday, October 7th, 2008 Posted in JVs, SWF | No Comments »Liquid Abu Dhabi investors to chip-maker AMD's rescue. The cost: $700M and $1.2B in assumed debt for Advanced Technology Investment Co. (ATIC) to acquire a sizable chunk in the JV (Foundry Co). ATIC is also said to have a ...
GE, Abu Dhabi Announce $8B JV — Reuters
Tuesday, July 22nd, 2008 Posted in JVs, SWF | No Comments »General Electric shares may have short circuited after the company's surprising earnings miss earlier this year. HOWEVER, Mr. Immelt clearly has his eyes set on high growth and Abu Dhabi's investment arm is showing unequivocal support of its partner ...