Paramount's bid for Warner Bros. Discovery has secured backing from multiple financing partners, including Saudi Arabia's Public Investment Fund, Qatar Investment Authority, and Affinity Partners—a firm led by Jared Kushner, son-in-law of former U.S. President Donald Trump.
Key terms of the deal include:
- All parties have agreed to relinquish governance rights tied to non-voting equity investments, such as board seats.
- Tencent will no longer participate as a financing partner in this transaction.
- The deal falls outside the jurisdiction of the U.S. Committee on Foreign Investment (CFIUS).
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