BREAKING NEWS

UK competition watchdog to assess Hasbro-Entertainment One deal

Euronews logo
Text size Aa Aa

(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)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.
Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.