Seeking Alpha

NXP's former P-E owners selling another 25M shares

  • KKR, AlpInvest, Apax Partners, Bain Capital, and Silver Lake are collectively selling another 25M NXP (NXPI) shares, or 9.8% of outstanding shares, through a secondary offering. (PR)
  • The announcement comes with NXP shares trading close to their 52-week high of $39.46. It also comes two days after the chipmaker priced a $500M debt offering whose proceeds will be partly used to redeem higher-interest debt.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs