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Get filing alertsParamount Skydance clears Canadian, South African antitrust hurdles for WBD merger
Filed June 22, 2026 · Period ending June 22, 2026 · ~1 min read
Key Changes
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high
Merger still requires regulatory clearances from other jurisdictions beyond Canada and South Africa; completion timeline remains uncertain as company continues engaging with global regulators.
Item 7.01 verify on EDGAR → -
medium
Canadian antitrust waiting period expired June 20, 2026, removing statutory impediment under Competition Act; Canada will not block the transaction.
Item 7.01 verify on EDGAR → -
medium
South African Competition Commission approved the merger June 19, 2026, marking second regulatory clearance for the Warner Bros. Discovery transaction.
Item 7.01 verify on EDGAR →
Summary
Paramount Skydance disclosed two regulatory clearances for its pending merger with Warner Bros. Discovery. Canada's antitrust waiting period expired June 20, 2026, meaning no statutory impediment remains under Canadian competition law. South Africa's Competition Commission separately approved the transaction June 19, 2026.
These represent progress toward closing, but the merger remains conditional on approvals from other jurisdictions. For shareholders, the key takeaway is incremental de-risking rather than imminent completion. The company explicitly states it continues engaging with regulators in other relevant jurisdictions, signaling material uncertainty around timing and ultimate approval.
Watch for announcements of clearances from major markets like the U.S., EU, or China, which typically carry greater weight for transactions of this scale. Until those arrive, the deal timeline remains open-ended.
Section-by-Section Diff
Event · Item 7.01 — Regulation FD Disclosure
Item 7.01 — Regulation FD Disclosure filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
on June 20, 2026, at 12:00 a.m., Eastern Time, the statutory waiting period under section 123(1) (b) of the Competition Act (Canada) in respect of the Merger expired. The expiration of this waiting period means there is no statutory impediment in Canada under the Competition Act (Canada) to closing the Merger.
The Canadian antitrust waiting period expired on June 20, 2026, removing one regulatory hurdle for the PSKY-WBD merger. This means Canada will not block the transaction, though other jurisdictions' approvals are still required.
Added in current filing · verify on EDGAR →
on June 19, 2026, the Competition Commission of South Africa approved the Merger.
South Africa's Competition Commission approved the merger on June 19, 2026, marking another regulatory clearance. This is a positive step toward completing the transaction, though additional jurisdictions must still approve.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 24, 2026 · How we verify