Britain on Thursday gave the green light to Paramount Skydance's $110 billion takeover of Warner Bros. Discovery, as the entertainment and media mega-deal still faces a key hurdle in the United States.…

Paramount agreed to push back its acquisition amid an antitrust lawsuit.

The British government has cleared Paramount Skydance’s $110 billion takeover of Warner Bros. Discovery, saying it had received assurances, after earlier citing concerns over the…