Blackstone drops out TikTok US deal consortium: Why the firm backed...

Blackstone drops out TikTok US deal consortium: Why the firm backed out? Key reasons explained

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Blackstone has withdrawn from the consortium aiming to invest in TikTok's US operations, adding to the uncertainty surrounding the deal. The investment group, led by Susquehanna International Group and General Atlantic, was considered the front-runner to acquire majority control. The exit comes amid delays and US-China trade tensions.

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