The semiconductor company will now wholly own Fab 34 after spending $14.2 billion to repurchase the 49% stake it sold to Apollo Global Management two years ago.
Intel is readying a potential bond issuance to finance the repurchase of half of a plant in Ireland that it had previously sold to Apollo Global Management Inc..
Intel (INTC) stock jumped more than 9% on Wednesday after the company said it is repurchasing an equity stake in one of its chip plants in Ireland from Apollo (APO). The news is a welcome sign that ...
Intel says the investment will add to the $18.4 billion it has put into Fab 34 so far, and it will allow the chipmaker to ‘unlock and redeploy to other parts of its business a portion of this ...
Chipmaker Intel Corp. said today it has sold a 49% stake in its new Fab 34 chip manufacturing facility in Leixlip, Ireland, in order to fund the ongoing development of the site, as well as other chip ...
April 1 (Reuters) - Intel said it would spend $14.2 ⁠billion ⁠to buy back the 49% ⁠stake it had sold to Apollo Global Management in its Ireland manufacturing facility, taking full ownership of the ...
Intel Corp. and Apollo Global Management announced a joint venture Tuesday for a chip-manufacturing facility in Ireland. Apollo APO will lead an $11 billion investment and acquire a 49% equity stake ...
Intel Corp. is readying a multi-billion dollar bond sale to finance the repurchase of half of a plant in Ireland that it had ...
Intel is reportedly in advanced talks with asset management firm Apollo Global Management to help finance the construction of a chip fab in Ireland. According to a report in the Wall Street Journal, ...
Intel and Apollo Global Management have entered into a joint venture in connection with the chip maker’s Fab 34 manufacturing facility in Ireland. Apollo will lead an $11 billion investment for a 49% ...