Your email has been successfully added to our mailing list.

×
-0.000806451612903256 -0.00179211469534053 -0.00259856630824378 -0.0032258064516129 -0.00448028673835125 -0.00793010752688177 -0.00721326164874558 -0.0154793906810036
Stock impact report

Intel Buys Back Apollo's Ireland Stake for $14.2 Billion [Yahoo! Finance]

Apollo Global Management, Inc. (New) (APO) 
Last apollo global management, inc. (new) earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: apollo.com/shareholders/overview
Company Research Source: Yahoo! Finance
Intel ( NASDAQ:INTC ) will spend $14.2 billion to repurchase the 49% stake in its Fab 34 facility in Leixlip, Ireland, previously sold to Apollo Global Management ( NYSE:APO ) in 2024 for $11.2 billion. The buyback restores Intel to full ownership of the plant, which produces chips on its Intel 4 and Intel 3 process nodes, including Core Ultra and Xeon 6 processors. The deal will be funded using cash on hand alongside approximately $6.5 billion in new debt, and Intel expects it to boost profit and strengthen its credit profile from 2027. Intel shares rose intraday. The original sale came during a period of financial strain. Since then, Intel has undergone an aggressive restructuring that included job cuts, asset sales, and billions in support from Nvidia ( NASDAQ:NVDA ) and U.S. government funding. "Today, we have a stronger balance sheet, improved financial discipline and an evolved business strategy," CFO David Zinsner said. The timing also reflects a shift in Intel's demand en Show less Read more
Impact Snapshot
Event Time:
APO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for APO alerts
Opt-in for
APO alerts

from News Quantified
Opt-in for
APO alerts

from News Quantified