Paramount gained 28% from July 30 and Warner Bros. Discovery 9%, but the target remained below the agreed $31 cash price as a multistate antitrust case pushed any closing as late as June 2027.
The €890 million regulatory penalty for search self-preferencing and Google Play restrictions is being used by comparison sites and litigation funders to strengthen existing claims and prepare new ones across Europe.
Expiry of the Hart-Scott-Rodino waiting periods removes the U.S. antitrust condition for the merger of equals, while approvals in other jurisdictions still stand between the companies and the creation of Saipem7.
The logistics group says national regulators cannot effectively unwind Vanderlande’s completed purchase of Siemens’ airport unit and asks the EU General Court to annul the Commission’s rejection.
The Justice Department may initially request fewer records in selected transactions and seek more only if needed, aiming to shorten review without changing the legal test for competitive harm.
A U.S. trade investigation announced after a €890 million Google fine could expose the European Union to new tariffs and merge digital regulation with the wider transatlantic trade conflict.
European regulators approved Paramount's proposed takeover of Warner Bros. Discovery, but tied the clearance to film distribution commitments in the European Economic Area. The decision removes a major international hurdle while the transaction still faces legal and regulatory pressure in the United States and other jurisdictions.
