UK may intervene in Paramount’s US$110 billion takeover of Warner Bros Discovery

Britain said on Tuesday it could intervene in Paramount Skydance’s proposed takeover of Warner Bros Discovery, potentially holding up the US$110 billion deal after the US and China gave it the green light. The move could see the deal referred to the UK’s antitrust regulator, which made headlines in 2023 when it blocked Microsoft’s US$69 billion acquisition of Call of Duty maker Activision Blizzard to the fury of the two US companies. It later changed its mind after Microsoft amended its...