November 21, 2019 / 8:24 AM / 20 days ago

UK competition watchdog to assess Hasbro-Entertainment One deal

Nov 21 (Reuters) - Britain’s competition watchdog said on Thursday it would assess U.S. toy maker Hasbro Inc’s proposed $4 billion deal to buy Peppa Pig owner Entertainment One Ltd.

The Competition and Markets Authority of the United Kingdom (CMA) said it was inviting comments on the deal until Dec. 5. (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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