JUST IN #ORCL Oracle, Silver Lake & MGX Poised to Acquire ~50% Stake in TikTok US
According to multiple sources, Oracle $ORCL private equity giant Silver Lake, and UAE‑based MGX are set to become major stakeholders in the new U.S. arm of TikTok, each potentially taking ~15% stakes. ByteDance and its existing investors would retain the balance, with ByteDance’s share shrinking below 20% to comply with U.S. regulatory demands.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
JUST IN #ORCL Oracle, Silver Lake & MGX Poised to Acquire ~50% Stake in TikTok US
According to multiple sources, Oracle $ORCL private equity giant Silver Lake, and UAE‑based MGX are set to become major stakeholders in the new U.S. arm of TikTok, each potentially taking ~15% stakes.
ByteDance and its existing investors would retain the balance, with ByteDance’s share shrinking below 20% to comply with U.S. regulatory demands.