Mubadala Technology Investment Company in Sale of GlobalFoundries Shares for $1.8 Billion of Proceeds

Cleary Gottlieb represented Mubadala Technology Investment Company (Mubadala) in a secondary block trade of ordinary shares of GlobalFoundries Inc. (GlobalFoundries), in reliance on Rule 144 for proceeds of approximately $1.8 billion.

The transaction launched on May 26, 2026, and settles on May 28, 2026.

Mubadala Technology Investment Company is a wholly owned subsidiary of Mubadala Investment Company PJSC. Mubadala Investment Company is a sovereign wealth fund that manages a diverse portfolio of assets and investments in the United Arab Emirates and abroad to generate sustainable financial returns for its shareholder, the government of the Emirate of Abu Dhabi. Mubadala’s $302 billion business spans six continents, with interests across multiple sectors and asset classes. Mubadala is headquartered in Abu Dhabi and has offices in London, Moscow, New York, and Beijing.

GlobalFoundries is one of the world’s leading semiconductor manufacturers, delivering feature-rich process technology solutions that provide leadership performance in pervasive high growth markets.

The Cleary corporate team includes partners Adam Fleisher and Shuangjun Wang, associate Katherine Hebb, and law clerk Crystal Lee.