BEIJING, April 19 (Reuters) – More private equity firms have expressed interest in a deal to buy Twitter Inc, people familiar with the matter said on Monday, without naming the companies.
Last week, tech-focused private equity firm Thoma Bravo reached out to Twitter to discuss an acquisition to challenge Elon Musk’s $43 billion takeover offer. Subsequently, more private equity firms also showed interest in the deal. Twitter took a “poison pill” on Friday to limit Musk’s ability to increase his stake.
Apollo Global Management is considering ways to finance any deal and is open to working with Musk or any other bidder, people familiar with the matter said. Also, the company will participate in the transaction through its credit investment platform rather than its private equity business. Apollo and Twitter declined to comment.
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