Comment on Intel is in talks to get an investment of up to $5 billion from Apollo, report says

Intel is in talks to get an investment of up to $5 billion from Apollo, report says

I-HWA CHENG/AFP via Getty ImagesApollo Global Management is in talks to invest up to $5 billion into Intel, Bloomberg reports.The chipmaker is considering the offer, but no deal has been finalized yet.It follows a separate report that Qualcomm approached Intel about a potential takeover.Intel could be getting a capital injection of up to $5 billion from asset management powerhouse Apollo Global Management, Bloomberg reported on Sunday.The chipmaker is considering the proposition, according to Bloomberg, which cites unnamed people familiar with the plans.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News