Mirae Asset Financial Group mulls funding $210 million of Elon Musk Twitter acquisition

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Mirae Asset Financial Group mulls funding $210 million of Elon Musk Twitter acquisition

Mirae Asset Securities office building in central Seoul [MIRAE ASSET FINANCIAL GROUP]

Mirae Asset Securities office building in central Seoul [MIRAE ASSET FINANCIAL GROUP]

Mirae Asset Financial Group is in talks to fund 300 billion won ($210 million) in Elon Musks’ acquisition of Twitter.  
 
If it decides to go through with the funding, Mirae Asset Securities, Mirae Asset Capital and Mirae Asset Global Investment will be behind the deal.  
 
The deal is expected to be closed on Friday, the deadline for Musk to close his $44 billion deal to acquire Twitter.
 
Mirae Asset believes in the potential of Twitter growth, according to a PR manager from the finance industry.  
 
Other participants in the Twitter deal include Binance and Honeycomb Asset Management, a private investment firm.  
 

BY JIN MIN-JI [jin.minji@joongang.co.kr]
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