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Intel Agrees to Sell 49% of Factory to Apollo for $11 Billion

Intel to Sell 49% of Irish Factory to Apollo for $11 Billion

(Bloomberg) -- Intel Corp. agreed to sell a stake in a venture that controls a plant in Ireland to Apollo Global Management Inc. for $11 billion, helping bring in more external funding for a massive expansion of its factory network.Most Read from BloombergModi Vows to Retain Power Even as Party Loses India MajorityShort Sellers in Danger of Extinction After Crushing Stock GainsModi’s Magic Is Fading Fast. Who’s Next for India?Bonds Rally as Traders Reload Fed Bets After Data: Markets WrapBlackRo

Intel to Sell 49% of Irish Factory to Apollo for $11 Billion

(Bloomberg) -- Intel Corp. agreed to sell a stake in a venture that controls a plant in Ireland to Apollo Global Management Inc. for $11 billion, helping bring in more external funding for a massive expansion of its factory network.Most Read from BloombergModi Vows to Retain Power Even as Party Loses India MajorityShort Sellers in Danger of Extinction After Crushing Stock GainsModi’s Magic Is Fading Fast. Who’s Next for India?BlackRock, Citadel Back Texas Stock Exchange in Challenge to NYSEBonds

Intel, Apollo Near $11 Billion Ireland Plant Deal, WSJ Says

Intel Shakes Up Leadership of Its Push Into Chip Foundry Market

Intel's Battered Bulls Find Hopes Dashed Again After Huawei Ban

Intel sees revenue falling below midpoint after U.S. Huawei ban

Intel Sees Revenue Falling Below Midpoint on US Huawei Ban

Intel Shares Suffer Worst Month in Decades

Intel Shares Suffer Worst Month in Decades

(Bloomberg) -- Intel Corp. shares are on pace to close out April down more than 30%, their worst month in over 20 years, as the chipmaker continues to struggle with executing a turnaround.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance and CZ’s Fortunes Are Set to Grow, Even in JailTesla Soars on Tentative China Approval for Driving SystemS&P 500 Falls 1% at End of Worst Month in 2024: Markets WrapStocks Trade for 390 Minutes a Day. Increasingly, Only 1