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Blackstone has pulled out of a consortium aiming to invest in TikTok’s US operations, adding to growing uncertainty around the deal, sources told Reuters on Friday.The investment group, led by Susquehanna International Group and General Atlantic, both existing investors in TikTok’s parent company ByteDance, had been seen as the front-runner to acquire majority control of TikTok’s US business.The private equity …
Read More »Blackstone drops out TikTok US deal consortium: Why the firm backed out? Key reasons explained – Times of India
