EU antitrust regulator expected to approve Paramount–Warner Bros. Discovery $110B merger by July 7
The European Commission is expected to approve Paramount Global and Warner Bros. Discovery’s $110B merger by July 7 without opening an in-depth investigation, the Financial Times reported. The companies have met with Commission officials and are expected to offer limited remedies, which could include ending Paramount’s international distribution deal with Universal Pictures or divesting children’s TV assets. The development reduces the transaction’s perceived regulatory risk, while the UK continues a separate review.