Samer

I believe this is a net positive for $GFS in the long run - increase float and broaden shareholder base. (Bloomberg) -- Mubadala Investment Co., Abu Dhabi’s sovereign wealth fund, is seeking to raise $1.91 billion from an unregistered block sale of GlobalFoundries Inc. shares, according to people familiar with the matter. The shares are being offered for $86.30 to $86.80 each, the people said, asking not to be identified as the information isn’t public. Morgan Stanley is working on the offering, the people said. The deal is being marketed at as much as a 4.1% discount to Tuesday’s closing price of $89.96. The share sale includes a 60-day agreement restricting further sales by Mubadala, the people said. Mubadala sold 22 million shares in a block trade, reducing its stake to 400 million shares or 73% of GlobalFoundries, it said in an emailed statement late Tuesday confirming a Bloomberg News report. The sovereign investor remains highly committed to GlobalFoundries’ strategic direction, Camilla Languille, co-chief executive officer of private equity at Mubadala, said in the statement. Shares of GlobalFoundries fell 6.6% to $84 each in after-hours trading as of 6:46 p.m. in New York on Tuesday.

🇺🇸🇮🇱🇮🇷 Israeli officials have a name for why Trump hasn't gone back to bombing: Steve Witkoff. They're describing him privately as pushing for a deal "at any cost," the man applying enormous pressure on Trump to stay at the table. The concern isn't that Iran wins a negotiation. The concern is that the U.S. pays in cash and collects in credit: Hormuz, frozen funds, and sanctions relief now, and nuclear issues kicked down the road. A draft MOU mediated by Pakistan could be accepted within 48 hours. Israel wanted the bombs to keep falling. Instead, they're watching a real estate dealmaker rewrite Middle East security architecture in real time. Hopefully, they're watching this from outside. Source: N12

🚨🇮🇶 BREAKING: Fighter jets now reported above Erbil in northern Iraq. This is the corridor. Northern Iraqi airspace is exactly where the Israeli Air Force launched standoff missiles against Iran in the previous two rounds of fighting. Jets over Erbil fit that established flight path precisely.

لك ان تتخيل حقدهم وخبثهم ومكرهم ... ضربوا الكويت بـ 668 صاروخ ❗️ وصواريخ الامارات تفوقنا بمراحل 1701❗️ بينما اسرائيل فقط 392 ⚠️ ضربونا اكثر من اسرائيل نفسهم !! 😏😏😏 ليش ما تُوجَّه كل هذي الصواريخ الى إسرائيل ؟ أليس هذا النصر والانتقام الذي تسعون له ؟!