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UK competition watchdog to assess Hasbro-Entertainment One deal

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(Reuters) – Britain’s competition watchdog said on Thursday it would assess U.S. toy maker Hasbro Inc’s <HAS.O> proposed $4 billion deal to buy Peppa Pig owner Entertainment One Ltd <ETO.L>.

The Competition and Markets Authority of the United Kingdom (CMA) said it was inviting comments on the deal until Dec. 5. (https://reut.rs/2rX11Av)

Hasbro, known for its Nerf guns and Power Rangers action figures, had made a cash offer for Entertainment One in August.

(Reporting by Shanima A in Bengaluru; Editing by Shounak Dasgupta)

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