The takeover of Twitter is of interest to private equity firms

It’s been euphoria since Elon Musk made a $43 billion takeover bid to get his hands on Twitter. The social network has for its part put in place measures to limit the procedure. Meanwhile, private equity firms are interested in the venture.

Several interests around the takeover of Twitter

According to Reuters, several private equity firms have expressed interest in participating in a transaction on Twitter. The interest arose after Thoma Bravo, a technology-focused private equity firm, approached the social network last week to explore a takeover that would challenge Elon Musk’s $43 billion bid.

Apollo Global Management is studying ways to finance any operation and is open to any collaboration with Elon Musk or any other partner. Its involvement would be through its credit investment platform rather than its private equity business.

For its part, Twitter has adopted the “poison pill” to limit Elon Musk’s ability to increase his participation in the social network. To date, the boss of Tesla owns 9.2% of Twitter. If he buys back enough shares to reach 15%, all the other holders of shares on the platform will be able to buy them back at a reduced price, which would greatly increase the price the entrepreneur would have to pay to get his hands on the social network