BUSINESSENGADGET
EU gives Paramount's Warner Bros. acquisition the go-ahead
The EU has approved Paramount's acquisition of Warner Bros. Discovery in Europe, provided Paramount discontinues its distribution partnership with Universal. The approval is conditional on ending the distribution business with Universal.
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Adjacent reporting
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- EU set to clear Paramount’s $111bn takeover of Warner Bros
- EU antitrust regulators clear Paramount-WBD merger as it faces challenge by U.S. states
- E.U. reviewing Paramount-Warner merger over Middle Eastern wealth funds’ backing
- Warner Bros shareholders approve Paramount’s takeover