Intel may get $5 billion lifeline from Apollo Global Management, here’s what the company does
By
Isha Sharma
Apollo Global Management has proposed a multi-billion dollar investment in Intel Corporation, signaling a vote of confidence in the chipmaker’s ongoing turnaround strategy. This potential deal comes amidst a challenging period for Intel, which has experienced a significant decline in its stock value this year.
For those unaware, Apollo Global Management operates as an alternative investment manager.