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Middle East Funds Back Paramount-WBD Deal
7 Apr
Summary
- Sovereign wealth funds from Saudi Arabia, Qatar, and Abu Dhabi are now investors.
- This investment is linked to Skydance's bid to acquire Warner Bros. Discovery.
- The merger is anticipated to conclude by the third quarter of 2026.

Paramount Skydance has announced a significant financial development in its pursuit of Warner Bros. Discovery, confirming the participation of sovereign wealth funds from Saudi Arabia, Qatar, and Abu Dhabi as investors. This move, detailed in an SEC filing, is described as an important milestone in the takeover process.
The investment aims to diversify Paramount Skydance's shareholder base and unlock potential strategic opportunities with the Middle Eastern funds. These institutional investors, along with LionTree, are participating in the equity syndication.