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Paramount Skydance has secured money from three sovereign wealth investors to fund its acquisition of Warner Bros.
Paramount Skydance secured about $24 billion from Saudi, Abu Dhabi, and Qatar sovereign wealth funds.
KEY POINTS
- Saudi Arabia's Public Investment Fund will contribute approximately $12 billion to the acquisition.
- The sovereign wealth funds will have no governance rights in the combined Paramount-Warner Bros. entity.
- The foreign investment is small enough to avoid automatic federal national security review requirements.
COMPANIES
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