Paramount Global
11/14/2024 | Press release | Distributed by Public on 11/14/2024 06:46
Material Event Form 8 K
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Item 8.01
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Other Information.
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On November 14, 2024, Paramount Global completed the previously announced sale of its entire 13.01% equity interest in Viacom 18 Media Private Limited to Reliance Industries Limited, for an aggregate purchase price of $508 million (which we expect to produce estimated net proceeds of $456 million).