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

The UK's competition watchdog has launched a formal merger enquiry into Paramount Skydance's anticipated $110bn (£86bn) acquisitoon of WBD

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