Intel Steers into Credit-Positive Acquisition of Mobileye
ISSUER COMMENT CORPORATES MARCH 16, 2017 Intel Steers into Credit-Positive Acquisition of Mobileye From Credit Outlook On Monday, Intel Corporation (A1 stable) announced that it had reached a definitive agreement to acquire Israel-based Mobileye N.V. (unrated) for $15.3 billion in cash, a credit positive. Both companies’ boards of directors have approved the transaction, and, subject to Mobileye’s
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