Paramount Skydance seeks $24B from Gulf funds to buy Warner
Saudi Arabia’s Public Investment Fund, Abu Dhabi's L’imad and the Qatar Investment Authority are backing the deal, The Wall Street Journal reports.
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Paramount Skydance is looking to secure almost $24 billion from Gulf sovereign wealth funds backing its takeover of Warner Bros. Discovery, including about $10 billion from Saudi Arabia’s Public Investment Fund.
Abu Dhabi-based L’imad Holding and the Qatar...