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Paramount says China's Tencent withdrew from its Warner Bros bid to avert national security issues

This authoritative-secondary source from Associated Press supports 1 claim across 1 ledger entry.

Publisher
Associated Press
Published
2025-12-10
Source quality
authoritative-secondary

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Claims supported by this source

  1. factreported

    AP reported that three Gulf sovereign funds were providing $24 billion for Paramount's Warner Bros. Discovery bid. Paramount's later preliminary proxy identified the financing partners as Saudi Arabia's Public Investment Fund, Abu Dhabi's L’Imad Holding Company PJSC, and the Qatar Investment Authority, and said they agreed to surrender governance rights; Jared Kushner's Affinity Partners later withdrew from the consortium.

    Initial bid-financing passage; Saudi, Qatari, and Abu Dhabi funds, aggregate amount, and surrendered governance rights

    Gulf state funds supplied $24 billion of Paramount's initial WBD bid backing · Foreign fund governance rights surrendered; Affinity later withdrew