Deals
Apollo Plans $1 Billion Financing for Musk’s Twitter Bid
- Sixth Street, other firms also may participate in the funding
- Musk is seeking to take Twitter private in $44 billion deal
This article is for subscribers only.
Apollo Global Management Inc. is in talks to lead a preferred financing for Elon Musk’s proposed buyout of Twitter Inc., according to people with knowledge of the deal.
The funding, arranged by Morgan Stanley, will exceed $1 billion and may include Sixth Street Partners, among other firms, the people said.