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Struggling chipmaker Wolfspeed Inc. will be taken over by creditors including Apollo Global Management Inc. under a proposal ...
Wolfspeed Inc. (NYSE: WOLF) shares are trading lower Wednesday after reports surfaced that the semiconductor company is ...
Wolfspeed will be taken over by creditors including Apollo Global Management under a proposal that would put the struggling chipmaker into bankruptcy, Bloomberg News reported on Wednesday, citing ...
Investing.com -- Chipmaker Wolfspeed Inc. (NYSE: WOLF) is close to finalizing a deal with creditors that would place the company in bankruptcy temporarily to reduce its debt burden, according to ...
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In addition, a consortium of investment funds led by Apollo, The Baupost Group, Fidelity Management & Research Company and Capital Group have agreed to provide Wolfspeed an additional $750 million ...
Apollo Global Management has engaged investment bank Moelis as the asset manager negotiates a possible debt restructuring with troubled semiconductor supplier Wolfspeed, according to people ...
An investor group led by Apollo is also injecting $750 million in Wolfspeed. Shares of Wolfspeed (WOLF) soared nearly 25% Tuesday when the maker of high-speed semiconductors reported it could ...
There is another $800 million or so in tax credits coming, and under certain conditions Wolfspeed can tap into an incremental $500 million in borrowings from Apollo Global Management (APO).
In addition, a consortium of investment funds led by Apollo, The Baupost Group, Fidelity Management & Research Company and Capital Group have agreed to provide Wolfspeed an additional $750 million ...
Beleaguered chipmaker Wolfspeed (NYSE:WOLF) will be taken over by creditors, including Apollo Global Management (APO), to put the company into bankruptcy for just long enough to slash billions in debt ...