Apollo offers to invest $5 billion in Intel following chipmaker’s 60% market cap loss this year
Intel has taken a major hit this year, losing nearly 60% of its market value. Now, it seems the struggling chipmaker is on the verge of getting a lifeline from private equity. According to Bloomberg, Apollo Global Management has offered
The post Apollo offers to invest $5 billion in Intel following chipmaker’s 60% market cap loss this year first appeared on Tech Startups.
Intel has taken a major hit this year, losing nearly 60% of its market value. Now, it seems the struggling chipmaker is on the verge of getting a lifeline from private equity. According to Bloomberg, Apollo Global Management has offered […]
The post Apollo offers to invest $5 billion in Intel following chipmaker’s 60% market cap loss this year first appeared on Tech Startups.