UBS and Citigroup to float Austriamicrosystems

Permira, the European private equity firm, is to float Austriamicrosystems this year in Zurich and is considering a flotation of Memec, a semi conductor company, in the US.

It is unclear what proportion of Permira's 95% Austriamicrosystems stake will be sold in the flotation, which will be lead managed by UBS and Citigroup.

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