(March 9): Tencent Holdings Ltd intends to invest several hundred million dollars in Paramount Skydance Corp’s acquisition of Warner Bros Discovery Inc, according to people familiar with the situation. The Chinese company would be acting as a passive financial investor, the people said, asking not to be identified because the matter is private. Paramount’s offer for Warner Bros in December included a US$1 billion (RM3.97 billion) equity commitment from Tencent, according to a filing at the time, but that was withdrawn after Warner Bros raised concerns that the Chinese company’s presence could lead to national security challenges with US regulators. After Paramount raised and amended its offer, Warner Bros agreed to sell to the David Ellison-led company in a deal worth US$110 billion. Paramount’s acquisition of Warner Bros is funded by US$47 billion in equity backed by the Ellison family and RedBird Capital Partners.

Source: The Edge Markets March 09, 2026 04:42 UTC