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Three Gulf funds have signed equity commitments worth nearly $24 billion to support the $81 billion deal.
Paramount secured $24 billion in equity commitments from three Gulf sovereign wealth funds for the Warner Bros. Discovery takeover.
KEY POINTS
- Saudi Arabia’s Public Investment Fund is the largest Gulf investor, pledging approximately $10 billion.
- Gulf funds will not receive any voting rights in the combined company despite their large investments.
- The deal is unlikely to trigger a US national security review since each fund will own well below 25%.
COMPANIES
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