The European Commission is investigating the $111 billion Paramount-WBD deal under the EU’s Foreign Subsidies Regulation, looking at the approximately $24 billion being fronted for the takeover by the sovereign wealth funds of Saudi Arabia, Qatar and Abu Dhabi.

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