Paramount's $110 billion Warner Bros. purchase wins China approval

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Paramount Skydance's planned $110 billion purchase of Warner Bros. Discovery has received regulatory approval from China, according to a Semafor reporter's post on X. The Chinese clearance follows the U.S. Department of Justice's approval of the combination on Friday. The deal still requires antitrust approval from the UK and European Union, and media reports indicate that several state attorneys may file a lawsuit to block the acquisition.

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Warner Bros Discovery Inc
WBD
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Warner Bros. Discovery's acquisition by Paramount receives Chinese and U.S. regulatory approvals, advancing the deal.

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