News Digest / Ticker: APO

Ticker: APO

06:20am, Wednesday, Jun 05, 2024
Intel (NASDAQ: INTC) has sold a 49% stake in its Irish Fab 34 facility to Apollo Global Management (NYSE: APO) for $11 billion. This deal aims to attract external capital for Intel's global expansion. The transaction underlines Intel's "Smart Capital" strategy to alleviate financial strain and in...