Blackstone drops out of group seeking stake in US-based TikTok

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Blackstone has ceded its potential stake in TikTok’s US operations to the other investors in a consortium that includes Oracle Corp, venture capital firm Andreessen Horowitz and growth equity investment firm General Atlantic, said the person, who asked not to be named while discussing private conversations.

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By Bloomberg  July 19, 2025, 1:16:44 PM IST (Published)

Blackstone drops out of group seeking stake in US-based TikTok
Private equity firm Blackstone Inc. has pulled out of a group of investors seeking to take a minority stake in TikTok’s US-based business, according to a person familiar with the…



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Blackstone drops out of group seeking stake in US-based TikTok


Blackstone has ceded its potential stake in TikTok’s US operations to the other investors in a consortium that includes Oracle Corp, venture capital firm Andreessen Horowitz and growth equity investment firm General Atlantic, said the person, who asked not to be named while discussing private conversations.

Profile image

By Bloomberg  July 19, 2025, 1:16:44 PM IST (Published)

Blackstone drops out of group seeking stake in US-based TikTok
Private equity firm Blackstone Inc. has pulled out of a group of investors seeking to take a minority stake in TikTok’s US-based business, according to a person familiar with the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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