Monday, May 29, 2006

German Investment

FRANKFURT, May 29 (Reuters) - Demag Cranes is putting the final touches to an initial public offering that will lead to a Frankfurt stock exchange listing on June 20, financial sources close to the matter told Reuters on Monday.

By Chris Nuttall in San Francisco
Monday May 29 2006 14:15
Advanced Micro Devices (NYSE:AMD) said on Monday it was investing $2.5bn in a German chip factory in a move to expand its capacity and grab more market share from its rival Intel (NASDAQ:INTC).

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