Also, positive corporate news is boosting stocks, with Intel up more than +3% after Bloomberg reported that Apollo Global Management offered to make a multibillion-dollar investment in the company.
US-BASED asset management company Apollo Global Management has offered to make an investment of as much as $5 billion in Intel, Bloomberg News reported on Sunday.
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Potential $5B cash injection from Apollo as Qualcomm sniffs around Comment Apollo Global Management has reportedly proposed a ...
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Qualcomm is also reportedly interested in acquiring Intel, but analysts raise concerns about regulatory approval ...
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Apollo Global Management plans a $5 billion investment in Intel, providing a financial boost amid potential acquisition ...
Apollo’s offer comes shortly after news that chipmaking rival Qualcomm has approached Intel to explore a friendly acquisition ...