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Sources: three Gulf sovereign-wealth funds have agreed to commit a total of ~$24B to back Paramount's $81B WBD deal; Saudi Arabia's PIF agreed to provide ~$10B (Wall Street Journal)

Mediagazer · last updated

Wall Street Journal:
Sources: three Gulf sovereign-wealth funds have agreed to commit a total of ~$24B to back Paramount’s $81B WBD deal; Saudi Arabia’s PIF agreed to provide ~$10B  —  Commitments from Middle East entities will help offset costs for Ellison family  —  Paramount has received signed equity commitments …