The European Commission is reviewing Paramount Skydance's $111 billion Warner Bros. Discovery acquisition over $24 billion in Gulf sovereign fund financing.

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