Article 74NS0 Intel buys back 49% stake in Ireland Fab Joint Venture — takes full control over Fab 34

Intel buys back 49% stake in Ireland Fab Joint Venture — takes full control over Fab 34

by
ashilov@gmail.com (Anton Shilov)
from Latest from Tom's Hardware on (#74NS0)
Story ImageIn a mutually beneficial deal, Intel repurchases 49% of Fab 34 from Apollo for $14.2 billion, reducing pressure on its margins, but paying a hefty $3 billion premium to the financial company.
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