Chartered shareholders approved transaction on company sale

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POSTER: computer news   ||   CHARTERED SHAREHOLDERS APPROVED TRANSACTION ON COMPANY SALE	DATE:2009-11-05
Chartered semiconductor and Arab investment company ATIC agreed about the acquisition of the first companies with the purpose of its integration in the structure of joint enterprise globalfoundries, which now control the production capacities, previously belonged to AMD. As reports associate, the solution about the sale of the company was approved by 82,56% of voices at the meeting of chartered semiconductor shareholders. The most important shareholder of the company is the investment trust For temasek holdings, which belongs to the government of Singapore. ATIC company  also belongs to the government structures, but only in this case we deal with THE UNITED ARAB EMIRATES. On the conditions of transaction, ATIC must pay to the shareholders Of chartered approximately $1,8 by billion available, and to also take the bills of the company in size of $3,9 billion transaction still expect approval by the judicial organs of Singapore and by other instances, sides do not indicate the periods of transaction completion  . Chartered with enthusiasm receives the prospect for integration in Globalfoundries. Let us recall that Chartered and AMD has a collaboration experience . Consolidation of active memberships production of two companies is a completely logical step. Related Products :

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