Paramount secures $24B from Gulf wealth funds as Warner Bros. deal seeks regulatory approval: report

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David Ellison-run Paramount Skydance has reportedly signed deals to get nearly $24 billion from three Gulf wealth funds to help back its acquisition of Warner Bros. Discovery. Saudi Arabia’s Public Investment Fund has agreed to provide roughly $10 billion for the mega media merger, while the Qatar Investment Authority and Abu Dhabi’s L’imad Holding Co. have also signed equity commitments with Paramount, the Wall Street Journal reported , citing unnamed sources with knowledge of the matter. The