Intel has agreed to pay $14.2 billion to buy back half of its factory in Ireland, which it had previously sold to Apollo Global Management.
Intel Buys Back Its Irish Plant for $14.2 Billion
The tech giant Intel has reached an agreement to repurchase 50% of its manufacturing facility in the Republic of Ireland. The company will pay $14.2 billion to the previous owner, the investment firm Apollo Global Management. This deal is significant for strengthening Intel's production capabilities in Europe.