May 26, 2013

Dutch Chipmaker NXP Semiconductors - News


Dutch Chipmaker NXP Semiconductors IPO Price Slashes, Its 28% Below Midpoint

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Dutch chipmaker NXP Semiconductors NV NXPI.O, the first of four big private equity-backed IPOs in the U.S. pipeline, priced shares in its stock flotation more than 28 percent below the midpoint of the expected range, according to an underwriter. KKR and Bain Capital, which led the 2006 buy-out, cut the price of the shares on [...]