Blackstone drops out TikTok US deal consortium: Why the agency backed out? Key causes defined
Blackstone has pulled out of a consortium aiming to put money into TikTok’s US operations, including to rising uncertainty across the deal, sources instructed Reuters on Friday.The funding group, led by Susquehanna Worldwide Group and Common Atlantic, each present traders in TikTok’s mum or dad firm ByteDance, had been seen because the front-runner to accumulate…