Published 09/23/2024 8:48:00 p.m.

Apollo eyes $5bn investment in Intel

Apollo has proposed an equity-like investment of up to $5 billion in Intel, as reported by Bloomberg.
Intel is reviewing Apollo’s proposal despite its current vulnerability, but talks are still in early stages.
The size of the potential investment and the likelihood of a deal may change.

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Irish Independent

Apollo eyes $5bn investment in Intel

U.S.-based asset management company Apollo Global Management has offered to make an investment of as much as $5bn in Intel, Bloomberg News reported on Sunday.

09/23/2024 8:42:23 a.m.·Ireland

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Globo

Apollo plans to invest up to US$ 5 billion in Intel

American manager makes offer amid chip maker restructuring American asset manager Apollo Global Management presented a billion-dollar investment offer from Intel, people close to the negotiations said, in a move seen as a vote of confidence in the chip maker's restructuring strategy. In recent days, Apollo indicated that it would be willing to invest up to $5 billion in Intel, said one of the sources, who asked not to be identified for discussi…

09/22/2024 10:52:09 p.m.·Brazil

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Channel News Asia

Apollo eyes $5 billion investment in Intel, Bloomberg News reports

:U.S.-based asset management company Apollo Global Management has offered to make an investment of as much as $5 billion in Intel, Bloomberg News reported on Sunday.Apollo has indicated in recent days it would be willing to make an equity-like investment of billions of dollars in Intel, the report said, citin

09/22/2024 11:45:45 p.m.·Singapore

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Benzinga

Intel's Stock Gains In Pre-Market Trading Following Reports Of Qualcomm's And Apollo's Investment Offer - Apollo Global Management (NYSE:APO), Intel (NASDAQ:INTC)

Despite Intel's current vulnerability, the company is reportedly reviewing Apollo's proposal.

09/23/2024 9:20:46 a.m.·New York, United States

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WION

Intel rises following report of Qualcomm's takeover approach

Intel Corp. shares rose after the Wall Street Journal said Qualcomm Inc. approached the company about a takeover, a potential record-setting deal for the chip industry, according to a report by Bloomberg. According to the newspaper, citing unnamed people familiar with the situation, the talks took place in the past few days. A deal is still far from certain, the Journal said. Representatives for both companies declined to comment.

09/22/2024 9:14:05 a.m.·Noida, India

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Bloomberg

Apollo to Offer Multibillion-Dollar Investment in Intel

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 the chipmaker’s turnaround strategy.

09/22/2024 8:50:09 p.m.·United States

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