Paramount Skydance Corporation (PSKY) announced it has received several key international regulatory approvals for its proposed merger with Warner Bros. Discovery, Inc. (WBD). The most significant clearance came from the Australian Competition and Consumer Commission, which concluded the merger is unlikely to substantially lessen competition.
Key Details
- Australian Approval: On June 9, 2026, the Australian Competition and Consumer Commission (ACCC) cleared the merger, subject to a 14-day waiting period that expires at 10:00 a.m. ET on June 23, 2026.
- New Zealand Clearance: The New Zealand Commerce Commission (NZCC) informed PSKY on June 5, 2026, that it does not intend to review the merger further.
- Additional Approvals: PSKY also recently secured competition approvals in Saudi Arabia, Ukraine, Serbia, and North Macedonia, as well as foreign direct investment clearances in Germany, Slovenia, Belgium, Czechia, New Zealand, Italy, France, and Romania.