Intel Gets Multibillion-Dollar Apollo Offer as Qualcomm Circles
Sep 22, 2024 · Apollo Global Management Inc. has offered to make a multibillion-dollar investment in Intel Corp., people familiar with the matter said, providing the chipmaker with a vote of confidence in its...
Apollo reportedly offers $5B investment in Intel • The Register
Sep 23, 2024 · Rumors are swirling about the chip giant exploring a potential deal with the US-based asset management heavyweight, but nothing is locked in yet. This news arrives hot on the heels of Friday's big revelation about Qualcomm sniffing around Intel for a potential takeover.
Apollo reportedly has a multibillion-dollar investment offer for …
Sep 22, 2024 · Apollo reportedly has a multibillion-dollar investment offer for Intel. After multiple reports surfaced Friday saying Qualcomm talked to Intel about a possible acquisition, now Bloomberg reports...
Intel gets Apollo offer to invest up to $5 billion | Fortune
Sep 22, 2024 · Apollo Global Management Inc. has offered to make a multibillion-dollar investment in Intel Corp., according to people familiar with the matter, in a move that would be a vote of confidence in...
Intel stock jumps after report of possible Apollo investment
Sep 23, 2024 · Qualcomm investors have seemingly been less pleased with the report of talks with Intel. The chipmaker’s shares fell by around 3% on Friday and by about 1.8% on Monday. Intel and Apollo have a...
Intel’s Chips Are on the Table - The New York Times
Sep 23, 2024 · First came news that Qualcomm had made an informal takeover approach for Intel, its historically bigger rival. Now comes one that Apollo Global Management has offered to invest billions in the...
Intel stock rises on news of investment offer from Apollo
Sep 23, 2024 · The financial giant Apollo Global Management appears poised to offer an equity-like investment of as much as $5 billion in the distressed U.S. chipmaker, according to a report from Bloomberg on...
Intel Stock Surges Amid Reports of Apollo Investment, Qualcomm …
Sep 23, 2024 · Intel shares surged Monday following reports Apollo Global Management offered to invest as much as $5 billion in the chipmaker, and Qualcomm approached it about an acquisition.
Intel Gets Multibillion-Dollar Apollo Offer as Qualcomm Circles
Apollo Global Management Inc. has offered to make a multibillion-dollar investment in Intel Corp., people familiar with the matter said, providing the chipmaker with a vote of confidence in its turnaround strategy and an alternative to a potential takeover by larger rival Qualcomm Inc.
Intel and Apollo Agree to Joint Venture Related to Intel’s Fab 34 in ...
Jun 4, 2024 · Intel will have a 51% controlling interest in the joint venture. Intel will retain full ownership and operational control of Fab 34 and its assets. The transaction is designed to enhance the company’s strong balance sheet with capital at a cost below Intel’s cost of equity.