Paramount secures $24B Gulf funding for Warner Bros. deal - MSN Paramount secures $24B Gulf funding for Warner Bros deal Paramount Skydance has secured nearly $24 billion in equity commitments from three Middle Eastern sovereign wealth funds to help finance
Paramount Secures $24 Billion Gulf Funding for Warner Bros Discovery . . . Paramount Skydance is nearing a deal to secure almost $24 billion from Gulf sovereign funds, led by Saudi Arabia's Public Investment Fund, to finance its $110 billion acquisition of Warner Bros Discovery The investors will receive non-voting stakes, a structure Paramount believes will avoid triggering U S national security or media ownership reviews The merger, which beat a rival bid from
Paramount Skydance (PSKY) Stock Gains as Gulf Sovereigns Pledge $24B . . . Three Gulf sovereign wealth funds have committed nearly $24 billion in equity financing for Paramount Skydance’s Warner Bros Discovery purchase The Public Investment Fund of Saudi Arabia leads with approximately $10 billion, while Qatar Investment Authority and Abu Dhabi’s L’imad Holding provide the balance Gulf partners will hold non-voting stakes below 25% in the merged company
Paramount Secures $24 Billion from Gulf Funds for Warner Bros . . . Paramount announced that three sovereign wealth funds from the Gulf have pledged almost $24 billion in equity The money will help finance Paramount’s $110 billion plan to acquire Warner Bros Discovery The public investment fund of Saudi Arabia leads the group with a commitment of roughly $10