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

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

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