Apollo

Intel agrees to pay $14.2B to repurchase Apollo's 49% stake in the Fab 34 JV in Ireland, and plans to issue $6.5B in new debt to fund it; INTC closed up 8.84%

Intel agrees to pay $14.2B to repurchase Apollo's 49% stake in the Fab 34 joint venture in Ireland, and plans to issue $6.5B in new debt to fund it; INTC up 10%

Intel Corp., the chipmaker aiming to restore its manufacturing prowess, agreed to pay $14.2 billion to buy back half of a plant …

Source: Apollo nears a ~$3.4B loan deal to a Valor-led investment vehicle to buy Nvidia chips for leasing to xAI; through fall 2025, xAI was burning $1B+/month

Source: Apollo nears a ~$3.4B loan deal to a Valor-led investment vehicle to buy Nvidia chips for leasing to xAI; through fall 2025, xAI was burning $1B+/month

Apollo Global Management, one of Wall Street's biggest private credit firms, is nearing a deal to lend about $3.4 billion …

Sources: Apollo Global is exploring a sale of AOL in a deal that could value AOL at around $1.5B; Apollo bought AOL in 2021 as part of its $5B Verizon deal

Apollo bought AOL in 2021; a new deal could fetch around $1.5 billion  —  Apollo Global Management is exploring a sale …

Yahoo acquires CommonStock, launched in 2020 to let retail investors share insights based on their brokerage account information; CommonStock had raised ~$34M

The deal represents the first acquisition under the Yahoo Finance brand since Yahoo was bought by Apollo https://www.axios.com/... LinkedIn: Jim Lanzone : Cool news coming out of Yahoo Finance today. ...

Sources: JPMorgan, PNC, Apollo, and Morgan Stanley are in talks to acquire SVB Financial Group, excluding SVB; interest in SVB cooled after the US backstop

Michael Flaherty / Axios :

Anchorage Digital plans to custody a “significant portion” of Apollo Global Management's crypto portfolio and offer crypto custody services to Apollo's clients

Andrew Throuvalas / Decrypt :