Mubadala raises about $2bn selling 22 million GlobalFoundries shares in block trade

Abu Dhabi sovereign wealth fund Mubadala Investment Company raised nearly $2 billion by selling 22 million shares in U.S.-listed chipmaker GlobalFoundries through a block trade executed May 26, 2026 at $89.96 per share, with Morgan Stanley brokering, according to AGBI. After the sale Mubadala continues to own about 73% of GlobalFoundries; the fund's co-head of private equity, Camilla Languille, said Mubadala 'remains highly committed to its strategic direction.' The disposal extends Mubadala's earlier GlobalFoundries trimming (it sold roughly $950 million of shares in May 2024) and forms part of a broader pattern in which Abu Dhabi wealth funds have been raising billions through equity sales to monetize maturing positions. Bloomberg, in a same-day piece, framed the trade within an Abu Dhabi 'share-sale spree': alongside Mubadala's GlobalFoundries sale, the Advent-backed power-equipment firm Innio set terms for a roughly $2 billion U.S.

IPO in which the Abu Dhabi Investment Authority (ADIA) holds a sizeable minority interest after investing in Innio's parent three years earlier. AGBI noted Mubadala's broader portfolio reached about $385 billion in 2025, spanning six continents. The transaction is a portfolio-management divestment rather than a strategic exit, given Mubadala's retained majority stake; it nonetheless illustrates Gulf SWFs harvesting gains from large technology and industrials holdings amid strong equity valuations.

(The corroborating Bloomberg articles returned access errors to direct retrieval and are cited by URL with details confirmed via AGBI and search-level Bloomberg summaries.)