PARAMOUNT CONCESSIONS LEAD UK TO APPROVE TAKEOVER OF WARNER BROS

Culture secretary Lisa Nandy says she will not intervene in £85bn deal after securing guarantees on Channel 5 The UK culture secretary, Lisa Nandy, has said she will not intervene in Paramount’s proposed acquisition of… However, Paramount has made significant concessions to secure the UK government’s backing for the $110bn (£85bn) takeover, which will create a global media powerhouse and effectively bolster the influence of…

Media | The Guardian reports that culture secretary Lisa Nandy says she will not intervene in £85bn deal after securing guarantees on Channel 5 The UK culture secretary, Lisa Nandy, has said she will not intervene in Paramount’s proposed acquisition of…

The report adds: However, Paramount has made significant concessions to secure the UK government’s backing for the $110bn (£85bn) takeover, which will create a global media powerhouse and effectively bolster the influence of…

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