Majority US-owned venture includes Larry Ellison’s Oracle, private-equity group Silver Lake and Abu Dhabi’s MGX
TikTok announced on Thursday that it had closed a deal to establish a new US entity, all…
You are not logged in so some information on this page has been withheld. To see more, please log in or sign up.
MGX
since
auto-detected in 12 stories
35 days ago
70 days ago
TikTok signs deal to create US joint venture ⊕
found
a story from Financial Times ✅ › Financial Times
Oracle, Silver Lake and MGX will be investors in new unit as part of deal arranged by Trump administration
TikTok signs Trump-backed deal to sell US entity to American investors ⊕
Deal with Oracle, Silver Lake and MGX, confirmed in internal memo, will allow app to continue operating in US
TikTok has signed a deal to sell its US business to three American investors – Oracle, Sil…
4 months ago
The Abu Dhabi investor that's funding AI while trying to save TikTok — with help from Trump ⊕
found
Abu Dhabi's MGX, launched last year, has emerged as one of the key players funding the AI boom and is now part owner of TikTok's U.S. business.
5 months ago
Abu Dhabi royal family to take stake in TikTok US under Trump deal ○
MGX, chaired by Sheikh Tahnoon bin Zayed Al Nahyan, will take 15% stake, with social media firm valued at $14bn
Trump signs executive order to transfer TikTok to US owners
The Abu Dhabi royal family is…
Abu Dhabi’s MGX joins Oracle and Silver Lake as lead investor in Trump’s TikTok deal ○
found
a story from Financial Times ✅ › Financial Times
US president is expected to sign an executive order to approve the agreement
Oracle, Silver Lake & MGX will be main investors in TikTok U.S., sources say ○
found
TikTok's U.S. business will have 45% of control in the hands of a group of investors that includes Oracle, Silver Lake and Abu Dhabi's MGX.
11 months ago
Binance secures ‘largest investment ever’ in crypto as Abu Dhabi’s MGX pledges $2 billion ○
Emirati state-owned investment firm MGX announced a $2 billion investment into Binance, marking the cryptocurrency exchange's first institutional investment.
Binance secures ‘largest investment ever’ in crypto as Abu Dhabi’s MGX pledges $2 billion ○
Emirati state-owned investment firm MGX announced a $2 billion investment into Binance, marking the cryptocurrency exchange's first institutional investment.
Binance secures ‘largest investment ever’ in crypto as Abu Dhabi’s MGX pledges $2 billion ○
Emirati state-owned investment firm MGX announced a $2 billion investment into Binance, marking the cryptocurrency exchange's first institutional investment.