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Market Chatter: Paramount's Warner Bros. Bid Approved in China

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Chinese regulators approved Paramount Skydance's $110 billion bid for Warner Bros Discovery, joining other jurisdictions that have approved the global media merger, Reuters reported Thursday, citing a source familiar with the decision.

The latest ruling adds to approvals in the U.S. as well as several other regions, including Germany, Australia, and France. The European Union is yet to sign off on the merger, the report said.

Paramount Skydance and Warner Bros Discovery did not immediately respond to requests for comment from.

Semafor earlier reported the news of China's approval.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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