Jared Kushner has withdrawn from the high-profile bid battle to acquire Warner Brosers. Discovery, dealing a blow to Paramount’s hostile takeover attempt of the media giant. Kushner’s private equity firm, Affinity Partners, said on Tuesday it would no longer support Paramount’s roughly $108bn offer, which is competing with an agreed $83bn bid from Netflix.
A spokesperson for Affinity said the firm had stepped back due to changing investment dynamics, though it still believes Paramount’s proposal has strong strategic merit. Kushner, the son-in-law of US President Donald Trump, had been viewed as a key figure in helping Paramount line up crucial financial backing.
Paramount, led by David Ellison, has secured support from several Middle Eastern sovereign wealth funds as well as major lenders, but Kushner’s exit has raised doubts about whether it can still finance the deal. Warner Brosers. Discovery is expected to urge shareholders to reject Paramount’s bid, while scrutiny of the competing offers continues to intensify.
Kursiv Uzbekistan also reports that since the beginning of 2025, Uzbekistan has shipped 633 containers to Italy, Greece, Turkey, Bulgaria, Switzerland and other European countries.
