Intel repurchased the 49% stake of Apollo-managed funds in its Ireland fab venture for $14.2 billion

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

Intel repurchased the 49% equity interest that Apollo-managed funds and affiliates held in its joint venture related to Fab 34 in Ireland on Apr 8, 2026. The $14.2 billion repurchase price was financed with cash on hand and a $6.5 billion bridge loan, which Intel said it intended to refinance, subject to market conditions. The filing said Intel owned 100% of the joint venture following the repurchase. Intel reported it in an 8-K, a US company's report of a material event, filed on Apr 8, 2026.1^,2^,3^,4^,5