Major Investment: Apollo Global Commits $11 Billion to Intel’s Ireland Plant
Buyout firm Apollo Global Management will acquire a %49 equity interest in Intel’s manufacturing facility in Ireland for $11 billion, the companies announced Tuesday. Apollo will take ownership of the Fab 34 facility in Leixlip, Ireland, which is the U.S. chipmaker’s first mass production site for Intel’s 4 manufacturing process, which uses extreme ultraviolet lithography…