Tech

Apollo Global interested in partnership with Twitter and Elon Musk

Other private equity firms have expressed interest in becoming involved in a deal for Twitter, people familiar with the matter said Monday.

The companies did not name the sources that did not want to be named.

The interest arose after the New York Post reported that Thoma Bravo, a tech-focused private equity firm, contacted the social media platform last week to explore a takeover deal that would complement the $43 billion bid by would challenge Elon Musk.

Apollo Global Management is considering opportunities to fund deals and is open to working with Musk or other bidders, the sources said. His involvement would be through its debt investment platform rather than its private equity business, the sources added.

Apollo and Twitter declined to comment.

Twitter on Friday rolled out a “poison pill” to limit Musk’s ability to increase his stake in the social media platform.

Twitter headquarters
Twitter introduced a “poison pill” to limit Musk’s ability to increase his stake in the company.
REUTERS

https://nypost.com/2022/04/18/apollo-global-interested-in-twitter-elon-musk-partnership/ Apollo Global interested in partnership with Twitter and Elon Musk

JACLYN DIAZ

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