Three Gulf funds agree to back Paramount's $81 billion takeover of Warner, WSJ reports

Reuters04-06 07:23

April 5 (Reuters) - Paramount PSKY.O has received signed equity commitments of close to $24 billion from three sovereign-wealth funds led by Saudi Arabia to help back its takeover of Warner Bros. Discovery WBD.O, the Wall Street Journal reported on Sunday.

Reuters could not immediately verify the report.

(Reporting by Angela Christy in Bengaluru; Editing by Christopher Cushing)

((AngelaChristy.M@thomsonreuters.com;))

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