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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Investment

No show hits AMD move for deal

Posted on 12 February 2009

From Thenational.ae: The US computer chip maker, AMD, failed to obtain approval for a multibillion-dollar joint-venture deal with Mubadala Development Company on Tuesday, because too few shareholders participated in a special meeting to vote on the issue.

The venture is the UAE’s largest technology investment and will provide a foothold in the competitive global market for semiconductor products….. Full Article: Source


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