Paramount Skydance says it has obtained antitrust approval in 68 countries, leaving a lawsuit by California and 11 other US state attorneys general as the final barrier to its proposed $111 billion acquisition of Warner Bros. Discovery. The company argues that the transaction would strengthen competition, investment in content and support for creative workers, while the states’ case could delay or prevent completion.

Mexico reportedly approved the deal on Friday, completing the company’s global regulatory clearance process. Paramount CEO David Ellison said it was willing to offer commitments and concessions in negotiations with the attorneys general, although none were specified; the dispute has divided Hollywood unions and concerned California politicians, while Paramount warns that an extended trial could create further costs and disruption.