Mirae Asset said to be in talks to help fund Elon Musk's Twitter deal

Mirae Asset said to be in talks to help fund Elon Musk's Twitter deal

FILE PHOTO: Twitter app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration

South Korea’s Mirae Asset Financial Group is planning to commit about 300 billion Korean won ($208 million) to help finance Elon Musk‘s $44 billion buyout of Twitter Inc, a person familiar with the matter told Reuters on Monday.

The deal with Mirae is expected to be finalised in the coming days before the deadline for the closing of the Twitter deal on Oct. 28, the source added.

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