Apollo International excited about Twitter, Elon Musk partnership

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Additional private-equity companies have expressed curiosity in collaborating in a deal for Twitter, people accustomed to the matter talked about on Monday.

The sources, who declined to be acknowledged, didn’t title the firms.

The curiosity emerged after the New York Publish reported Thoma Bravo, a technology-focused personal equity company, contacted the social media platform final week to discover a buyout that may downside Elon Musk’s $43 billion supply.

Apollo Worldwide Administration is considering strategies it might presumably current financing to any deal and is open to working with Musk or another bidder, the sources talked about. Its participation may very well be by its credit score rating funding platform fairly than its personal equity enterprise, the sources added.

Apollo and Twitter declined to comment.

Twitter adopted a “poison tablet” on Friday to limit Musk’s potential to elevate his stake throughout the social media platform. 

Twitter adopted a “poison capsule” to limit Musk’s potential to elevate his stake throughout the agency.
REUTERS
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