Intel INTCAcquisition
Intel repurchases Apollo's 49% Fab 34 joint venture stake for $14.2 billion
Filed Apr 8, 2026Original
An 8-K is the report a US listed company files within four business days of a material event.
What the company reported
- On April 8, 2026 it repurchased the 49% equity interest Apollo-managed funds held in the Fab 34 joint venture in Ireland.
- The $14.2 billion price was financed with cash on hand and a $6.5 billion bridge loan.
- Intel intends to refinance the bridge loan, subject to market conditions.
- Intel now owns 100% of the joint venture and expects to terminate the ancillary agreements and wind it up.
Items reported
- 8.01 Other events
- 9.01 Exhibits
The company's own filing, put into Korean. The numbers are the filing's.