Tuesday, March 29, 2011

NXP announces secondary share offer

NXP announces secondary share offer:

"LONDON – NXP Semiconductors N.V., the European chipmaker spun off from Koninklijke Philips Electronics NV by a private equity buy out in 2006, has announced that certain of its shareholders intend to offer in a secondary offering, subject to market and other conditions, approximately 25 million shares of its common stock."

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