UNITED
STATES SECURITIES AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
REPORT
OF FOREIGN PRIVATE ISSUER
PURSUANT
TO RULE 13a-16 OR 15d-16 UNDER
THE
SECURITIES EXCHANGE ACT OF 1934
Report
on Form 6-K dated May 7, 2010
Commission
File Number: 1-13546
STMicroelectronics
N.V.
(Name of
Registrant)
39,
Chemin du Champ-des-Filles
1228
Plan-les-Ouates, Geneva, Switzerland
(Address
of Principal Executive Offices)
Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F.
Form 20-F
Q Form
40-F £
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(1):
Yes £ No Q
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(7):
Yes £ No Q
Indicate
by check mark whether the registrant by furnishing the information contained in
this form is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes £ No Q
If “Yes”
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82- __________
Enclosure: A
press release dated May 7, 2010 announcing that STMicroelectronics has completed
the sale of Numonyx to Micron Technology.
PR
No.: C2629C
STMicroelectronics
Completes the Sale of Numonyx to Micron Technology
Geneva,
Switzerland, May 7, 2010 – Following the announcement today by Micron Technology
of the closing of its acquisition of Numonyx Holdings B.V., STMicroelectronics
(NYSE:STM) announced that in connection with the sale of its 48.6% stake in
Numonyx, ST has received the following consideration:
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66.88
million shares of Micron common stock which will be dealt as a
financial investment. At yesterday’s Micron’s share price, the value of
the shares is $585.2 million A substantial portion of such Micron shares
is hedged; and
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future
full ownership of the Numonyx M6 facility in Catania, Italy, which ST has
committed to contribute to a new photovoltaic joint initiative among
Enel, Sharp and ST.
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In
connection with the transaction, ST has a payable of $77.8 million due to
Francisco Partners at the end of the shares lock-up
period.
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Also, at
closing of this transaction the senior credit facility that is supported by ST’s
guarantee of $225 million has been repaid in full.
Based on
yesterday’s Micron closing share price of $8.75 per share, the transaction
results in an estimated gain after tax of approximately $245 million to be
reported in ST’s fiscal second quarter Income Statement.
About
STMicroelectronics
STMicroelectronics
is a global leader serving customers across the spectrum of electronics
applications with innovative semiconductor solutions. ST aims to be the
undisputed leader in multimedia convergence and power applications leveraging
its vast array of technologies, design expertise and combination of intellectual
property portfolio, strategic partnerships and manufacturing strength. In 2009,
the Company’s net revenues were $8.51 billion. Further information on ST can be
found at www.st.com.
For
further information, please contact:
INVESTOR
RELATIONS:
Tait
Sorensen
Director, Investor
Relations
Tel: +1 602 485
2064
tait.sorensen@st.com
MEDIA
RELATIONS:
Maria Grazia
Prestini
STMicroelectronics
Tel: + 41 22 929
6945
mariagrazia.prestini@st.com