Shoring Up Cash, Mubadala’s Windy Path
Posted on 02/24/2016
Abu Dhabi-based Mubadala Development Company is seeking to shore up some cash and rejig its massive portfolio of companies amid an environment of lower crude oil prices. The state-owned investment corporation is analyzing on whether it should sell SR Technics, a Swiss civil aircraft maintenance business, and U.S. chip manufacturer Globalfoundries Inc. In addition, Mubadala […]