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IVC - which is owned by a private equity firm - also owns the UK's largest emergency out-of-hours service, called Vets Now.

"We know there are legitimate concerns about Royal Mail Group being owned by a foreign private equity investor."

Last summer Disney Chief Executive Bob Iger and his wife Willow Bay became controlling owners of Angel City and before that former Meta Chief Operating Officer Sheryl Sandberg and Sixth Street, a private equity firm that says it manages more than $75 billion in assets, backed the Bay FC expansion team in Northern California.

The deal would have several American venture capital firms, private equity funds and tech firms invest in a company that would control the app's U.S. operations, CNN reported.

Computing giant Microsoft, private equity giant Blackstone, venture capital firm Andreessen Horowitz and search engine Perplexity AI are also reportedly in the running for a stake.