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Aug 18 (Reuters) - GlobalFoundries Inc has filed confidentially with U.S regulators for an preliminary public providing (IPO) in New York that might value the chipmaker at round $25 billion, individuals familiar with the matter stated on Wednesday. GlobalFoundries is predicted to reveal its IPO filing in October and go public by the end of the 12 months or early next yr, depending on how rapidly its application is processed by the U.S. Securities and Trade Fee (SEC), the sources said. The move is the clearest signal yet that GlobalFoundries, which is owned by Abu Dhabi´s sovereign wealth fund Mubadala Investment Co, shouldn't be eager to just accept a potential tie-up with Intel Corp, which the Wall Road Journal reported last month was in talks to accumulate the U.S. GlobalFoundries is working with Morgan Stanley, Financial institution of America Corp, JPMorgan Chase & Co, Citigroup Inc and Credit score Suisse Group AG on the IPO preparations, the sources said.
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