Freescale’s Owners Seek IPO at 36% Discount to Buyout Price

Freescale’s Owners Seek IPO at 36% Discount to Buyout Price

Jack Plunkett/Bloomberg

The chipmaker is offering 43.5 million shares for $22 to $24 each, compared with an average price of $36 that investors including Blackstone Group LP, Carlyle Group , Permira Advisers LLP and TPG Capital paid for Freescale, according to a filing with the U.S. Securities and Exchange Commission.