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Sovereign Wealth Funds Briefing - Categorized | Investment

Approval likely for computer chip deal

Posted on 19 February 2009

From Thenational.ae: Shareholders of the US computer chip maker, AMD, will vote today on a multibillion-dollar joint venture with Abu Dhabi’s Mubadala Development.

Analysts and AMD management expect the deal to be approved. At a vote last week, 97 per cent of participating shareholders were in favour of the agreement, but just 42 per cent of all shareholders took part in the vote, making it invalid….. Full Article: Source


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