Intel and Apollo agree to joint venture related to Intel’s Fab 34 in Ireland

On June 4, Intel Corporation and Apollo announced a definitive agreement under which Apollo-managed funds and affiliates will lead an investment of USD 11 billion to acquire from Intel a 49% equity interest in a joint venture entity related to Intel’s Fab 34.
Located in Leixlip, Ireland, Fab 34 is Intel’s leading-edg....

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