Sources Confirm Blackstone Group's Withdrawal from TikTok US Consortium Bidding
2 week ago / Read about 0 minute
Author:小编   

According to sources who shared this information with Reuters on Friday, private equity giant Blackstone has opted out of the consortium investing in TikTok's U.S. operations. The TikTok deal, currently shrouded in numerous uncertainties and subject to multiple delays, has emerged as a pivotal issue in China-U.S. trade negotiations.