Intel Agrees To Sell 20% Stake In IMS Nanofabrication Business To Bain Capital; Sale Values IMS At ~$4.3B
Portfolio Pulse from Bill Haddad
Intel has agreed to sell a 20% stake in its IMS Nanofabrication business to Bain Capital, valuing IMS at approximately $4.3 billion.
June 21, 2023 | 11:31 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Intel sells 20% stake in IMS Nanofabrication to Bain Capital, valuing the business at approximately $4.3 billion.
Intel's decision to sell a 20% stake in its IMS Nanofabrication business to Bain Capital may not have a significant short-term impact on its stock price. The sale values IMS at approximately $4.3 billion, which is a relatively small portion of Intel's overall market capitalization. However, the deal could potentially free up resources for Intel to focus on its core business and improve its financial position.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100