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Saudi Arabia’s Public Investment Fund has now committed about $10 billion towards the deal.
Middle Eastern sovereign wealth funds have committed nearly $24 billion to the Paramount Skydance deal.
KEY POINTS
- Saudi Arabia’s Public Investment Fund is providing about $10 billion, with Qatar and Abu Dhabi supplying the rest.
- Tencent was initially removed as a financing partner over foreign ownership concerns but later rejoined with new funding.
- Paramount claims the non-voting equity structure exempts the deal from CFIUS national security review.
COMPANIES
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