Apollo to Offer Multibillion-Dollar Investment in Intel

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 32 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 44%
  • Publisher: 50%

Business समाचार

Company News,Industry,Markets

Apollo Global Management Inc. has offered to make a multibillion-dollar investment in Intel Corp., according to people familiar with the matter, in a move that would be a vote of confidence in the chipmaker’s turnaround strategy.

Stacy Rasgon, managing director and senior analyst at U.S. Semiconductors, Bernstein, joins BNN Bloomberg and talks about Intel stock rises as it weighs options

The alternative asset manager has indicated in recent days it would be willing to make an equity-like investment of as much as $5 billion in Intel, said one of the people, who asked not to be identified discussing confidential information. Intel executives have been weighing Apollo’s proposal, the people said. The size of Apollo’s potential investment could change or discussions could fall apart, they said.

Intel’s shares rose about 2% in premarket trading before New York markets opened on Monday. The stock had closed 3.3% higher at $21.84 on Friday, giving the company a market value of $93.4 billion.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 83. in İN
 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Apollo to offer multibillion-dollar investment in Intel, Bloomberg News reportsApollo has indicated in recent days it would be willing to make an equity-like investment of billions of dollars in Intel, the report said citing a person...
स्रोत: YahooFinanceCA - 🏆 47. / 63 और पढो »

Apollo to Offer Multibillion-Dollar Investment in Intel(Bloomberg) -- Apollo Global Management Inc. has offered to make a multibillion-dollar investment in Intel Corp., according to people familiar with the...
स्रोत: YahooFinanceCA - 🏆 47. / 63 और पढो »

Asset management firm Apollo reportedly eyes US$5-billion investment in IntelThe news comes at a moment of weakness for Intel, which was once the most valuable chip maker in the world, but whose shares have lost nearly 60% of their value since the start of the year
स्रोत: globebusiness - 🏆 31. / 66 और पढो »

Fed rate cut rally holds, Apollo reportedly eyes Intel investment: Yahoo FinanceMarkets (^DJI, ^IXIC, ^GSPC) are maintaining their upward momentum following the Federal Reserve's rate cut last week. The move comes as investors await two ...
स्रोत: YahooFinanceCA - 🏆 47. / 63 और पढो »