Mubadala Trims Stake in Advanced Micro Devices

Posted on 03/06/2017


Mubadala Development Company unloaded roughly a third of its stake in Advanced Micro Devices (AMD), selling 45 million shares for US$ 613.4 million. Mubadala retained the other 97 million AMD shares. In November 2007, Mubadala paid US$ 608 million when it got the AMD shares. “This is in line with our strategy, as a long-term […]