Cyprus Mail2 Jul 2026

Paramount Skydance offers remedies to secure EU approval for deal

Paramount Skydance Corp (PSKY.O) has offered remedies to address EU competition concerns about its $110 billion acquisition of ‌Warner Bros Discovery (WBD.O), a regulatory filing showed on Wednesday, in a move which a source told Reuters last week was likely to gain European Commission approval for the deal.

Paramount said it was “confident that this remedy ⁠directly and comprehensively addresses any concerns expressed in the European Commission’s preliminary assessment and support the...

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