Intel stock jumps after report of possible Apollo investment
Sep 23, 2024 · Intel stock popped in early trading Monday following a Bloomberg report of a potential multibillion-dollar investment from Apollo Global Management.
Intel Gets Multibillion-Dollar Apollo Offer as Qualcomm Circles
(Bloomberg) -- 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 ...
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 and Apollo Agree to Joint Venture Related to Intel’s Fab 34 …
Jun 4, 2024 · SANTA CLARA, Calif., and NEW YORK, June 4, 2024 – 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 a 49% equity interest in a joint venture entity related to Intel’s Fab 34.
Intel and Apollo Agree to Joint Venture Related to Intel’s Fab 34 …
Jun 4, 2024 · Under the agreement, the joint venture will have rights to manufacture wafers at Fab 34 to support long-term demand for Intel’s products and provide capacity for Intel Foundry customers. 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.
Apollo reportedly has a multibillion-dollar investment offer for Intel ...
Sep 22, 2024 · [Bloomberg] After multiple reports surfaced Friday saying Qualcomm talked to Intel about a possible acquisition, now Bloomberg reports Apollo Global Management has offered to make an “equity-like...
Intel Stock Surges Amid Reports of Apollo Investment, …
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 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 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...
Intel rises on report of $11 billion Apollo investment in new chip ...
May 13, 2024 · Intel Corp’s stock rose 2.5% on Monday after The Wall Street Journal reported it was in talks with Apollo Global Management Inc. to line up $11 billion to construct a new chip plant in Ireland.