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Gulf funds to back Paramount’s $81B takeover of Warner Bros. Discovery

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Gulf funds have agreed to back Paramount's $81 billion acquisition of Warner Bros. Discovery.

The funds are providing $24 billion in equity commitments, sources familiar with the matter told The Wall Street Journal.

The funds are Saudi Arabia’s Public Investment Fund, Qatar Investment Authority and Abu Dhabi’s L’imad Holding Co., according to the sources.

Read more from The Wall Street Journal.

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