(Reuters) -More private equity firms have expressed interest in collaborating in a deal for Twitter Inc, individuals conversant in the matter mentioned on Monday.
The sources, who declined to be recognized, didn’t title the firms.
The interest emerged after Thoma Bravo, a technology-focused private equity agency, contacted the social media platform final week to discover a buyout that might problem Elon Musk’s $43 billion provide
Apollo Global Management Inc is contemplating methods it may present financing to any deal and is open to working with Musk or another bidder, the sources mentioned. Its participation can be via its credit score funding platform slightly than its private equity enterprise, the sources added.
Apollo and Twitter declined to remark.
Twitter adopted a “poison capsule” on Friday to restrict Musk’s potential to boost his stake in the social media platform.
Thoma Bravo has knowledgeable Twitter that it’s exploring the potential for placing collectively a bid, Reuters reported over the weekend.
(Reporting by Greg Roumeliotis in New York and Arunima Kumar in Bengaluru; Editing by Aditya Soni and Cynthia Osterman)
