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Private equity consortium to acquire Freescale Semiconductor in $17.6bn transaction

18 Sep 2006

A private equity consortium led by The Blackstone Group and including The Carlyle Group, Permira Funds and Texas Pacific Group has agreed to acquire Austin, Texas-based Freescale Semiconductor, a specialist in the design and manufacture of embedded semiconductors for wireless, networking, automotive, consumer and industrial markets, in a transaction with a total equity value of $17.6bn.

 

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