News Article
NXP goes for IPO
NXP files registration statement with the SEC for a Initial Public Offering
NXP B.V. has announced that its holding company, which will be converted into a public company and named NXP Semiconductors N.V., has filed a registration statement with the Securities and Exchange Commission in the United States for a potential initial public offering of its common stock. The number of shares to be sold and the price range for the proposed offering have not yet been determined.
The company expects to raise US$1.5 Billion from the venture.
