U.S. ByteDance investors looking into TikTok U.S. deal, FT reports
From Yahoo Finance: 2025-03-22 11:35:00
Major U.S. investors in TikTok’s owner, ByteDance, are exploring a deal with Oracle to ensure the app is free from Chinese control, according to the Financial Times. Investors like General Atlantic, Susquehanna, KKR, and Coatue may purchase additional interests in a U.S. spun-off TikTok business, with Oracle potentially taking a small stake to secure data. This move aims to address concerns raised by President Donald Trump. Multiple sources familiar with the discussions have revealed these potential plans.
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