ADIA, Coller EQT in talks to back $1B ByteDance vehicle

Sovereign fund ADIA and Coller EQT are in talks to back a $1 billion investment vehicle tied to ByteDance. Depending on how investors allocate the discount, ByteDance's implied valuation would be $400 billion to $450 billion.

• ADIA and Coller EQT in talks over a $1B vehicle
• The vehicle is tied to ByteDance shares
• Implied ByteDance valuation: $400B to $450B