UK won't intervene in Paramount's $81 billion takeover of Warner Bros. Discovery
Read our Privacy notice British regulators on Thursday gave Paramount the greenlight for its $81 billion takeover of Warner Bros. The U.K.'s Competition and Markets Authority cleared the pending acquisition, ruling that a Paramount-Warner tie up does not pose a “substantial lessening of competition” in the country. Including billions in debt, Paramount’s proposed purchase of Warner is valued at nearly $111 billion (or over 82 billion English pounds) based on outstanding shares.
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