The Zhitong Finance App learned that three Middle Eastern funds have promised to invest 24 billion US dollars to provide the first batch of “ammunition” for Paramount Tianmu (PSKY.US) to acquire Warner Bros. Exploration (WBD.US); but these are just book figures. Due to long-term “cross-transfusion” between them and the private equity foundation behind them, capital may still continue to flow in through the fund sandwich, and the actual total exposure is expected to be higher than US$24 billion.

The Zhitong Finance App learned that three Middle Eastern funds have promised to invest 24 billion US dollars to provide the first batch of “ammunition” for Paramount Tianmu (PSKY.US) to acquire Warner Bros. Exploration (WBD.US); but these are just book figures. Due to long-term “cross-transfusion” between them and the private equity foundation behind them, capital may still continue to flow in through the fund sandwich, and the actual total exposure is expected to be higher than US$24 billion.