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Intel Agrees to Sell 49% of Factory to Apollo for $11 Billion

Intel Agrees to Sell 49% of Factory to Apollo for $11 Billion
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Intel to Sell 49% of Irish Factory to Apollo for $11 Billion

(Bloomberg) Intel Corp. agreed to sell a stake in a venture that controls a plant in Ireland to Apollo Global Management Inc. for $11 billion, helping bring in more external funding for a massive expansion of its factory network.Most Read from BloombergModi Vows to Retain Power Even as Party Loses India MajorityShort Sellers in Danger of Extinction After Crushing Stock GainsModi’s Magic Is Fading Fast. Who’s Next for India?Bonds Rally as Traders Reload Fed Bets After Data: Markets WrapBlackRo

Intel to Sell 49% of Irish Factory to Apollo for $11 Billion

(Bloomberg) Intel Corp. agreed to sell a stake in a venture that controls a plant in Ireland to Apollo Global Management Inc. for $11 billion, helping bring in more external funding for a massive expansion of its factory network.Most Read from BloombergModi Vows to Retain Power Even as Party Loses India MajorityShort Sellers in Danger of Extinction After Crushing Stock GainsModi’s Magic Is Fading Fast. Who’s Next for India?BlackRock, Citadel Back Texas Stock Exchange in Challenge to NYSEBonds

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