Mergers and Acquisitions

Entertainment One in its US$4 billion acquisition by Hasbro

Entertainment One
Key Contact
Emmanuel Pressman

National Co-Chair, Toronto

Team
Alex Gorka

Partner, Corporate, Toronto

Brett Anderson

Partner, Corporate, Toronto

Rosalind Hunter

Partner, Corporate, Toronto

Kaeleigh Kuzma

Partner, Competition/Antitrust and Foreign Investment, Calgary

Firoz Ahmed

Partner, Tax, Toronto

Richard M. Borins

Partner, Financial Services, Toronto

Kelly Moffatt

Partner, Commercial, Toronto

On December 30, 2019, Hasbro and Entertainment One completed their agreement under which Hasbro acquired eOne in an all-cash transaction valued at approximately £3.3 billion or US$4 billion. Under the terms of the agreement, eOne shareholders will receive £5.60 in cash for each common share of eOne, which represents a 31% premium to eOne’s 30-day volume weighted average price (VWAP) as of August 22.

Entertainment One is a global independent studio that specializes in the development, acquisition, production, financing, distribution and sales of entertainment content.

Osler, Hoskin & Harcourt LLP advised Entertainment One with a team led by Emmanuel Pressman and Alex Gorka and consisting of Brett Anderson, Rosalind Hunter, Claire Dunn (Corporate), Peter Glossop, Kaeleigh Kuzma (Competition/Antitrust & Foreign Investment), Firoz Ahmed and Drew Morier (Taxation), Richard Borins (Financial Services) and Kelly Moffatt (Intellectual Property).

Value
US$4 billion
Date Closed
December 30, 2019
Lead Office
Toronto
Key Contact
Emmanuel Pressman

National Co-Chair, Toronto

Team
Alex Gorka

Partner, Corporate, Toronto

Brett Anderson

Partner, Corporate, Toronto

Rosalind Hunter

Partner, Corporate, Toronto

Kaeleigh Kuzma

Partner, Competition/Antitrust and Foreign Investment, Calgary

Firoz Ahmed

Partner, Tax, Toronto

Richard M. Borins

Partner, Financial Services, Toronto

Kelly Moffatt

Partner, Commercial, Toronto