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

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

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.

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Source: Bloomberg Tech · Opens in new tab