Member access

4-Traders Homepage  >  Shares  >  Nasdaq  >  NXP Semiconductors NV    NXPI   NL0009538784

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

NXP Semiconductors Selling Holders Sale of 30 Million Shares Prices at 1.3% Discount

02/04/2013 | 10:10am US/Eastern
   By Tess Stynes 
 

NXP Semiconductors NV (>> NXP Semiconductors NV) said the sale of 30 million shares by selling shareholders priced at a 1.3% discount to Friday's close as several private-equity firms reduce their stakes in the semiconductor company.

The Netherlands-based company's shares were down 1.9% to $30.18 in early trading, below the offer price of $30.35 a share. The company's shares are up nearly a third in the past year.

The selling shareholders include private-equity firms AlpInvest Partners BV, Apax Partners LLP, Bain Capital Partners LLC, Kohlberg Kravis Roberts & Co. and Silver Lake Technology Management LLC. NXP won't receive any proceeds from the secondary offer.

NXP was formed in 2006 as Philips Electronics NV (PHG, PHIA.AE) sold 80.1% of its semiconductor business to a consortium led by Kohlberg Kravis Roberts. The company went public in an initial public offering in 2010, listing its shares on the Nasdaq.

Write to Tess Stynes at Tess.Stynes@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stocks mentioned in the article : NXP Semiconductors NV
React to this article
Latest news on NXP SEMICONDUCTORS NV
04/21 NXP SEMICONDUCTORS NV : "How to build a better microwave oven using solid-state ..
04/21 NXP Engineers Nominated for Prestigious European Inventor Award
04/20 NXP SEMICONDUCTORS NV : Wins Gallup ‘Great Workplace’ Award
04/20 NXP Wins Gallup 'Great Workplace' Award
04/20 NXP SEMICONDUCTORS NV : "Is there hope for online security?"
04/17 NXP SEMICONDUCTORS NV : "It’s personal: deeper brand relationships with NF..
04/17 NXP SEMICONDUCTORS NV : "It’s personal: deeper brand relationships with NF..
04/16 NXP SEMICONDUCTORS NV : "NFC smart products"
04/14 NXP Introduces World's First RAIN RFID Tag With Cryptographic Security and Lo..
04/14 NXP SEMICONDUCTORS NV : "Will IoT devices with Bluetooth mesh make the cut in ho..
Advertisement
Chart
Duration : Period :
NXP Semiconductors NV Technical Analysis Chart | NXPI | NL0009538784 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF