Steven Mnuchin to Form Investor Group for TikTok Acquisition

Thursday, 14 March 2024, 15:26

Former US Treasury Secretary Steven Mnuchin announced plans to lead an investor group bidding for TikTok. The group aims to acquire the popular social media app, with details on valuation and other potential group members yet to be revealed.
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Steven Mnuchin to Form Investor Group for TikTok Acquisition

Former Treasury Secretary Mnuchin aims to buy TikTok with investor group

In comments Thursday, Steven Mnuchin didn't provide details on who else may be included in the investor group he plans on forming or TikTok's possible valuation.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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