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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 ....

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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 ....

United States , New York , Bloomberg Businessweek , Pat Gelsinger , Nvidia Corp , Ireland To Apollo Global Management Inc , Philadelphia Stock Market Semiconductor Index , Bloomberg Intel Corp , Apollo Global Management , Executive Officer Pat Gelsinger , Brookfield Infrastructure Partners , Philadelphia Stock Market Semiconductor ,