04:02 PM EDT, 04/26/2024 (MT Newswires) -- Apollo Global Management ( APO ) , KKR (KKR) and Stonepeak could potentially make multi-billion dollar investment in a joint venture to fund Intel's ( INTC ) semiconductor fabrication facility in Ireland, Bloomberg News reported Friday, citing sources.

The joint venture could potentially raise several billion dollars, including debt, according to the report.

Size and structure of the potential joint venture are not finalized and could change, people familiar with the matter told the news outlet.

Apollo did not immediately respond to MT Newswires' request for comment. Intel ( INTC ), Stonepeak and KKR declined to comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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