Paramount Skydance Seeks EU Approval for $111 Billion Warner Bros. Discovery Acquisition
By
Erik Gruenwedel
Properly proved. Has structure, has flavour, has a point.
Summary
Paramount Skydance has formally requested European Union approval for its $111 billion equity acquisition of Warner Bros. Discovery, ahead of the EU's July 7 provisional deadline. The EU is expected to review the transaction under its Foreign Subsidies Regulation law, which targets non-European firms backed by sovereign states. The filing was made on June 2, 2026.
Key quotes
· 3 pulledParamount Skydance has asked the European Union to formally approve its $111 billion equity acquisition of Warner Bros. Discovery ahead of the EU's July 7 provisional deadline
The European trade alliance, which represents 27 countries, is reportedly set to look at the transaction under its Foreign Subsidies Regulation law
which seeks to prevent non-European firms financed by sovereign states from...
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