Blackstone has decided to pull out of the consortium negotiating its investment in TikTok U.S. amid uncertainties over the app.
Raluca Ioana Draghici
International
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Blackstone's withdrawal from the consortium negotiating the purchase of a minority stake in TikTok U.S. underscores the growing uncertainty about the app's future in the U.S. The negotiations, already postponed several times, are taking place amid trade tensions between Washington and Beijing. The consortium, which also includes other investors, was considered the favorite to take a majority stake, but talks are on hold due to backlash from China. TikTok is working on a separate version for the US market, while ByteDance is exploring options to respond to government pressure.
Sources
Blackstone se retrage din consorţiul care negociază preluarea TikTok în SUA, pe fondul incertitudinilor comerciale cu China
Blackstone se retrage din consorţiul care negociază preluarea TikTok în SUA, pe fondul incertitudinilor comerciale cu China
Un gigant din domeniul finanțelor se retrage din consorţiul care negociază preluarea TikTok în SUA
TikTok, prins între SUA și China: Blackstone părăsește cursa. Viitorul aplicației în țara lui Trump, tot mai incert
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