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News Wire / economy

Middle Eastern Funds Target Paramount-WBD Merger

Bluesky Social Riyadh 12d Impact 3
Funds from Saudi Arabia, the United Arab Emirates, and Qatar are set to invest $24 billion into a mega-merger between Paramount and Warner Bros. Discovery. The investment would result in these funds holding a 38.5% stake in the new entity.

Topics

mergers and acquisitions media foreign investment

Developing

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Sources · 7 independent

Bluesky Social

“Saudi, UAE, and Qatar funds are set to pour $24B into a Paramount–WBD mega‑merger, ending up with 38.5% of the new company”

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