Extra non-public fairness companies categorical passion in a Twitter deal-sources

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April 18 (Reuters) – Extra non-public fairness companies have expressed passion in collaborating in a deal for Twitter Inc (TWTR.N), other folks conversant in the subject mentioned on Monday.

The resources, who declined to be recognized, didn’t identify the corporations.

The passion emerged after Thoma Bravo, a technology-focused non-public fairness company, contacted the social media platform ultimate week to discover a buyout that will problem Elon Musk’s $43 billion be offering

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Apollo World Control Inc (APO.N) is thinking about techniques it may give financing to any deal and is open to operating with Musk or every other bidder, the resources mentioned. Its participation can be via its credit score funding platform relatively than its non-public fairness industry, the resources added.

Apollo and Twitter declined to remark.

Twitter followed a “poison tablet” on Friday to restrict Musk’s talent to boost his stake within the social media platform. learn extra

Thoma Bravo has knowledgeable Twitter that it’s exploring the potential of hanging in combination a bid, Reuters reported over the weekend.

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Reporting through Greg Roumeliotis in New York and Arunima Kumar in Bengaluru; Modifying through Aditya Soni and Cynthia Osterman

Our Requirements: The Thomson Reuters Consider Ideas.

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