JP Morgan and Goldman Sachs are leading the advisory for the $11 billion joint venture between Apollo and Intel, marking a significant strategic alliance.
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This partnership involves Apollo acquiring a 49% equity stake in Intel’s Fab 34, a cutting-edge semiconductor manufacturing facility in Ireland. Apollo, a major American asset management firm, and Intel, a leading technology company, have agreed to collaborate on this $11 billion venture. David Zinsner, Intel’s CFO, highlighted that this deal will provide