Paramount’s Middle East Billions in Warner Bid Get EU Probe

Bloomberg Technologyby Samuel Stoltontech

Paramount Skydance Corp.’s $110 billion takeover of Warner Bros. Discovery Inc. is being reviewed under the European Union’s Foreign Subsidies Regulation, with regulators probing involvement of Middle Eastern funds helping to bankroll the takeover.

This article was published on Bloomberg Technology (bloomberg.com). Read the full article on the original source:

Read full article on Bloomberg Technology

More from Bloomberg Technology