US personal fairness agency Normal Atlantic is promoting an fairness stake in ByteDance, the Chinese language firm behind TikTok, elevating its valuation to $550 billion, in keeping with Reuters. This valuation improve follows a report by the South China Morning Publish in December, indicating a leap from $400 billion to $500 billion in 2025. Normal Atlantic’s preliminary funding in ByteDance dates again to 2017, and the agency is now within the strategy of promoting a few of its shares with plans to conclude the sale in March.
The specifics of the deal, such because the share amount Normal Atlantic will retain post-transaction, weren’t disclosed within the report. Each Normal Atlantic and ByteDance haven’t but commented on the matter. The $550 billion valuation aligns with Normal Atlantic’s technique as a few of its funds close to the top of their life cycle, as per a Reuters supply.
This potential sale marks a big improvement since ByteDance’s current settlement with the Trump administration in January. The deal ensured the continuation of ByteDance’s US operations underneath a newly established joint-venture construction, primarily owned by US entities. This upcoming fairness sale provides to the evolving narrative surrounding ByteDance’s international operations and strategic partnerships.
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