
Hasbro’s US$3.8 billion deal to acquire film and TV studio Entertainment One has been given the green light by the UK’s antitrust body.
The Competition and Markets Authority (CMA) announced in November that it would investigate the takeover, which was first announced in August, to establish whether it results in a “substantial lessening of competition” in the UK.
The CMA said it would decide this month whether to clear the merger or escalate its investigation into a more detailed Phase 2 probe, involving a 24-week review. It has opted to waive through the takeover.
“The CMA has cleared the anticipated acquisition by Hasbro Inc. of Entertainment One Ltd. The full text of the decision will be available shortly,” the CMA stated.
Hasbro announced earlier this month that it had completed its acquisition of eOne, in an all-cash transaction. The combination of the two companies blends eOne’s preschool brands like Peppa Pig and PJ Masks with Hasbro’s TV and film expertise, which has taken a leap over the past decade through franchises like Transformers.
Featured News
UK Business Secretary Calls for More Agile Competition Regulator
Feb 13, 2025 by
CPI
Germany’s Antitrust Regulator Raises Concerns Over Apple’s App Tracking Policies
Feb 13, 2025 by
CPI
$60 Billion Nissan-Honda Merger Falls Apart
Feb 13, 2025 by
CPI
DOJ Moves to End Protections for Three Regulatory Agencies
Feb 13, 2025 by
CPI
Meta to Allow Rivals to List Ads on Facebook Marketplace Following EU Fine
Feb 13, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – International Criminal Enforcement
Jan 23, 2025 by
CPI
The Antitrust Division’s Recent Work to Combat International Cartels
Jan 23, 2025 by
Emma Burnham & Benjamin Christenson
Information Sharing: The New Frontier of U.S. Antitrust Enforcement
Jan 23, 2025 by
Brian P. Quinn, Casey Kovarik & Michael Tubach
The Key Role of Guidelines on Exchanges of Information Among Competitors and the Divergent Transatlantic Paths
Jan 23, 2025 by
Rosa Abrantes-Metz & Albert Metz
Leniency, Whistleblowers, and Compliance
Jan 23, 2025 by
Richard Powers, Tara O’Malley & Cory Gordon