Intel Pays 14.2 Billion to Buy Back Full Ownership of Ireland’s FAB 34 from Apollo

David_Schroth

Administrator
Staff member
Joined
Apr 23, 2019
Messages
1,454
Reaction score
2,044
On April 1, the Intel told no jokes while announcing an agreement to repurchase the 49% stake in its Fab 34 joint venture that it sold to Apollo Global Management in 2024, at a price tag of $14.2 billion. That original $11.2 billion deal was a sign of how badly Intel needed a cash infusion […]

See full article...
 
So in 2 years Apollo group made essentially 3 billion dollars. If you subtract inflation... they made about 2.5 billion.
 
Become a Patron!
Back
Top