BRUSSELS, June 10 : Paramount Skydance Corp's $110 billion takeover of Warner Bros Discovery, backed by Gulf sovereign wealth funds, is under European Union subsidy scrutiny, according to a European Commission filing.The U.S. entertainment giant sought EU approval under its Foreign Subsidies Regulation, which

The U.K.'s competition regulator has started an investigation into the proposed acquisition by Paramount Skydance of Warner Bros. Discovery.

The EU has opened a Phase 1 antitrust review of Paramount Skydance's $81-111B Warner Bros. Discovery acquisition, scrutinizing $24B in Gulf sovereign fund