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Skadden and Paul Weiss lead as Intel buys back $14bn Apollo stake in Irish semiconductor plant

Kate Peacock
Kate Peacock · 2 April 2026 · 1 min read
Corporate and M&A Deals Eversheds Sutherland Kirkland & Ellis Paul, Weiss, Rifkind, Wharton & Garrison Skadden
Skadden and Paul Weiss lead as Intel buys back $14bn Apollo stake in Irish semiconductor plant

Skadden and Paul Weiss have taken lead roles on Intel’s $14.2bn repurchase of Irish semiconductor plant Fab 34.

The deal will see Intel reacquire a 49% equity interest in the semiconductor plant, which had been sold to an Apollo-led joint venture for $11.2bn in 2024.

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