WASHINGTON: President Donald Trump will sign an executive order later this week that declares that a deal to divest TikTok's US operations from its Chinese owner ByteDance will meet requirements set out in a 2024 law, a White House official said on Monday (Sep 22). The official added that the valuation of TikTok's US assets will be "many billions of dollars". Subscribe to our Chief Editor’s Week in Review Our chief editor shares analysis and picks of the week's biggest news every Saturday. By clicking subscribe, I agree to receive news updates and promotional material from Mediacorp and Mediacorp’s partners. The full slate of investors is not yet finalised but will include major firms like Oracle and private equity firm Silver Lake.