Blackstone mulls small stake in US TikTok spinoff

Blackstone mulls small stake in US TikTok spinoff

Private equity firm Blackstone is evaluating making a small minority investment in TikTok’s U.S. operations, according to two people familiar with the matter. Blackstone is discussing joining Chinese parent company ByteDance’s existing non-Chinese shareholders, led by Susquehanna International Group and General Atlantic, in contributing fresh capital to bid for TikTok’s U.S. business. The group has […]

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