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TikTok US
since
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5 months ago
Chinese parent company set for greater financial upsides than US shareholders following Washington-Beijing deal
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…
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.
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