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Apollo to pay $11 bln for 49% of Intel Ireland factory joint venture

Buyout firm Apollo Global Management will acquire a 49% equity interest in a joint venture related to Intel's new manufacturing facility in Ireland for $11 billion, the companies said on Tuesday. ...

Apollo Global to provide US$11 billion to Intel for Ireland facility

Intel and Apollo Agree to Joint Venture Related to Intel's Fab 34 in Ireland

Intel Corporation: Intel and Apollo Agree to Joint Venture Related to Intel's Fab 34 in Ireland

Intel Corporation (Nasdaq: INTC) and Apollo (NYSE: APO) today announced a definitive agreement under which Apollo-managed funds and affiliates will lead an investment of $11 billion to acquire from Intel

Intel and Apollo Agree to Joint Venture Related to Intel's Fab 34 in Ireland

Intel Corporation and Apollo today announced a definitive agreement under which Apollo-managed funds and affiliates will lead an investment of $11 billion to acquire from Intel a 49% equity interest in a joint venture entity related to Intel's Fab...

Intel Stock Pops After The Bell: What's Going On? - Intel (NASDAQ:INTC)

Intel said it entered into a definitive agreement under which Apollo-managed funds and affiliates will lead an investment of $11 billion to acquire a 49% equity interest from Intel in a joint venture entity related to the company's Fab 34.

Buyout firm to acquire Intel stake for €10 billion

Apollo Global to provide $11 billion to Intel for Ireland facility

Intel invested $18.4 billion in Fab 34 and the Apollo Global transaction allows the U.S. chipmaker to redeploy funds to other parts of its business.

Intel Gets $11 Billion From Apollo To Help Fund Ireland Plant

Intel announced on Tuesday that it has secured an $11 billion investment from Apollo Global Management for a chip fabrication plant in Ireland.

Intel Stock: Why I'm Turning Bullish Now (Upgrade) (NASDAQ:INTC)

Management scaled back its expectations after Q1 2024 results - which confirmed Intel's status as a "laggard" for many. Learn more on INTC stock here.