Apollo to offer Intel multibillion-dollar investment(bloomberg.com)
bloomberg.com
Apollo to offer Intel multibillion-dollar investment
https://www.bloomberg.com/news/articles/2024-09-22/apollo-is-said-to-offer-multibillion-dollar-investment-in-intel
https://www.bloomberg.com/news/articles/2024-09-22/apollo-is-said-to-offer-multibillion-dollar-investment-in-intel
This isn’t a judgement on the fundamentals of the deal (I don’t have the details and it may actually make a lot of sense) but Intel is a massive company. Most PE firms - even the whales like Blackstone and Apollo - don’t usually have the firepower, willingness, or both to deal with companies the size of Intel.