Intel Targets at Least $95 a Share in $20 Billion Share Sale
Intel's upsized $20 billion share offering drew over $100 billion in demand, with shares said to be priced at roughly a 6.5% discount, targeting at least $95 each.
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Intel is targeting a price of at least $95 per share in its $20 billion share sale. The offering, which was upsized, drew more than $100 billion in demand, signaling robust investor appetite.
Shares are reportedly priced at approximately a 6.5% discount. The final terms of the sale have not been officially announced.
Source: First Squawk