Apollo Global to offer Intel massive investment

Quick Summary:

NEW YORK: Apollo Global Management Inc has offered to make a multibillion-dollar investment in Intel Corp.

Representatives for Apollo and Intel declined to comment.

While Apollo may best be known today for its insurance, buyout and credit strategies, the firm started out in the 1990s as a distressed-investing specialist.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaAustraliaIreland

Topics: Intel /Business/Business News Apollo Global Technology Corporate News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-24 @ 00:00:00 (5 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 330 words

Reading Time: 2 minutes read

Sentences: 19 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 22672659

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 5 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 10 hours ago

Coverage Areas: Malaysia

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Publisher ID: #22

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