Paramount Skydance Corporation (PSKY) announced it has received unconditional regulatory approvals from authorities in Kuwait, Austria, and Australia for its planned merger with Warner Bros. Discovery, Inc. (WBD). These approvals mark a key step forward for the merger, which was originally announced on February 27, 2026.
Key Details
- Kuwait Approval: The Competition Protection Agency of Kuwait unconditionally approved the merger on June 28, 2026.
- Austria & Australia Approvals: On June 30, 2026, the company received unconditional approvals from both the Austrian Federal Competition Authority and the Australian government under its foreign investment framework.
- Remaining Conditions: The completion of the merger remains subject to regulatory clearances and other closing conditions in other relevant jurisdictions.