Paramount Confirms Middle East Funds Backing Warner Bros. Discovery Buy
Paramount has confirmed that sovereign wealth funds from Saudi Arabia (PIF), Abu Dhabi (L'Imad), and Qatar are providing financial backing for its acquisition of Warner Bros. Discovery.
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Paramount Skydance Confirms Investments by Middle Eastern Wealth Funds, Cites ‘Potential for Strategic and Commercial Opportunities’ With Them
David Ellison’s Paramount Skydance on Tuesday confirmed that it has brought on the sovereign wealth funds of Saudi Arabia, Qatar and Abu Dhabi as investors in connection with its Warner Bros. Discovery takeover bid. In an SEC filing, Paramount said that it “believes the successful Equity Syndication” agreement with the trio of Middle Eastern funds […]
By Todd Spangler
Read full article →Paramount Confirms Middle East Funds Are Backing Its Warner Bros. Discovery Buy
Specifically, Saudi Arabia's PIF (public investment fund), L'Imad, an Abu Dhabi sovereign wealth fund, and a Qatar Investment Authority fund.
By Anthony Maglio
Read full article →Paramount Sees Potential Strategic, Commercial Opportunities With Middle East Investors
Paramount Skydance confirmed syndication agreements with Middle Eastern funds to back its proposed acquisition of Warner Bros. Discovery and said it believes that the “resulting diversification of its shareholder base, the potential for strategic and commercial opportunities with the various Equity Syndication Parties … [will] enhance long-term shareholder value.” It confirmed in an SEC filing […]
By Jillg366
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