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TikTok deal twist as Blackstone exits bid for US stake Asset manager Blackstone rescinded its bid to take a stake in TikTok’s US-based business The company had aligned itself with a group of investors, including Susquehanna International Group, General Atlantic, KKR, Andreessen Horowitz, and Oracle, to invest in TikTok’s US operations, but has now exited the consortium
Blackstone Exits TikTok U. S. Deal Amid Growing Uncertainty The consortium, led by Susquehanna International Group and General Atlantic—both existing investors in TikTok parent ByteDance—was the frontrunner in a deal supported by the Trump administration
Blackstone Bows Out of TikTok U. S. Acquisition Bid – Archyde Blackstone had initially planned to acquire a minority stake in the U S business, a move orchestrated under the Trump governance The consortium itself is reportedly spearheaded by Susquehanna International Group and General Atlantic, both existing investors in TikTok’s Chinese parent company, ByteDance
Exclusive-Blackstone drops out of consortium bid for TikTok . . . The consortium is led by Susquehanna International Group and General Atlantic, current investors in TikTok’s Chinese owner ByteDance The group had emerged as the front-runner to secure TikTok’s U S business in a deal under which U S investors would own 80% of TikTok, while ByteDance would retain a minority stake
Blackstone Group withdraws from bidding for TikToks US . . . Blackstone plans to take a minority stake in Tiktok's US business in a deal orchestrated by US President Donald Trump The consortium is led by Susquehanna International Group and General Atlantic, both current investors in TikTok's Chinese owner ByteDance