Apollo Global interested in Twitter, Elon Musk partnership

More non-public-equity firms have expressed curiosity in taking part in a offer for Twitter, people acquainted with the make a difference mentioned on Monday.

The resources, who declined to be discovered, did not title the companies.

The desire emerged after the New York Article noted Thoma Bravo, a technological know-how-focused non-public fairness firm, contacted the social media system previous 7 days to check out a buyout that would problem Elon Musk’s $43 billion present.

Apollo Global Management is considering ways it can offer funding to any offer and is open up to doing the job with Musk or any other bidder, the resources said. Its participation would be by means of its credit expenditure system fairly than its private fairness business enterprise, the sources added.

Apollo and Twitter declined to remark.

Twitter adopted a “poison pill” on Friday to limit Musk’s potential to elevate his stake in the social media system. 

Twitter headquarters
Twitter adopted a “poison pill” to limit Musk’s ability to elevate his stake in the firm.
REUTERS
Apollo Global interested in Twitter, Elon Musk partnership

Enregistrer un commentaire

0 Commentaires