Saudi Arabia’s Public Investment Fund (Pif), Abu Dhabi’s L’imad Holding Company, and the Qatar Investment Authority (Qia) are jointly putting up a total of $24 billion investment into the Hollywood mega merger — a power move that coincides with efforts to build local entertainment industries across the Middle East.
In an SEC filing, Paramount said the investors will not receive governance rights, including board seats or voting rights, so their involvement will not require a sign-off by the U.S. Committee on Foreign Investment (Cfius).
The question, however, isn’t whether the Arab funds have formal voting rights — it…
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