Apollo Global to provide $11 billion to Intel for Ireland facility

(CNBC) Buyout firm Apollo Global Management will acquire a 49% equity interest in Intel’s manufacturing facility in Ireland for $11 billion, the companies said on Tuesday. Apollo will acquire the stake in the Fab 34 facility in Leixlip, Ireland, the U.S. chipmaker’s first high-volume location for its Intel 4 manufacturing process using ultraviolet lithography machines.

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