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Intel buys back 49% stake in Ireland fab joint venture — takes full control over Fab 34

Intel and Apollo on Wednesday said that they signed an agreement under which Intel would repurchase a 49% stake in the Ireland Fab 34 joint venture it sold in 2024 for $14.2 billion. Under the terms ...
Business Wire

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

SANTA CLARA, Calif. & NEW YORK--(BUSINESS WIRE)--Intel Corporation (Nasdaq: INTC) and Apollo (NYSE: APO) today announced a definitive agreement under which Apollo-managed funds and affiliates will ...