3 result(s) displayed (1 - 3 of 3):

AMD revival plan hits snag with JV delay (from Corporate Dealmaker)

Debt-ridden Advanced Micro Devices Inc. came up short in soliciting enough stockholder votes to approve the spinoff of its manufacturing business into a joint venture with Middle Eastern investors. The deal would net AMD about $700 million from partner Advanced Technology Investment Co., which also assume about $1.2 billion of...

Posted on February 11, 2009 10:34 AM

GE looks to partner with Asian sovereign wealth funds (from Corporate Dealmaker)

General Electric Co. is talking with Asian sovereign wealth funds -- including $200 billion China Investment Corp. -- about setting up a joint venture like the $8 billion one it has with Mubadala Development Co. The Middle Eastern JV included commercial finance, clean energy research and development, aviation, industry and...

Posted on November 21, 2008 11:53 AM

AMD splits, gets billions from Middle Eastern investors (from Corporate Dealmaker)

Debt-ridden Advanced Micro Devices Inc., the second-largest global supplier of microprocessors, is spinning off its manufacturing business into a joint venture with Middle Eastern investors so it can focus on the business of designing microprocessors. The new manufacturing entity, the Foundry Co., will include a soon-to-be-built factory near Albany, N.Y.,...

Posted on October 7, 2008 10:24 AM