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Disney to Back Paris Theme Park’s $1.25 Billion Refinancing Plan

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Walt Disney Co. is injecting money into Disneyland Paris in a bid to revive the 22-year-old theme park that’s struggling with waning attendance and mounting losses.

Euro Disney SCA, the resort’s operator, said it plans a 1 billion-euro ($1.25 billion) refinancing backed by its U.S. parent. Walt Disney, which owns about 40 percent of the French company, is required to make an offer for all Euro Disney shares as a result of the recapitalization.