Blackstone exits group for TikTok bid
- Posted on July 19, 2025
- By Business News Today
- 3 Views
Blackstone exits group for TikTok bid
Blackstone has withdrawn from the consortium seeking to invest in TikTok's U.S. operations amid uncertainty and delays in the deal, which is now entangled in U.S.-China trade talks. The consortium, led by Susquehanna International Group and General Atlantic, aimed for U.S. investors to own 80% of TikTok.
