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Intel Corporation repurchased a 49% equity interest in its Fab 34 joint venture in Ireland from Apollo-managed funds…

INTCIntel Corp

Intel Corporation repurchased a 49% equity interest in its Fab 34 joint venture in Ireland from Apollo-managed funds for $14.2 billion. The transaction was financed through cash on hand and a $6.5 billion bridge loan, resulting in Intel owning 100% of the joint venture.

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