Entertainment One

Entertainment One in its US$4 billion acquisition by Hasbro

Client

Entertainment One

Value

US$4 billion

Service

Mergers and Acquisitions

Date Closed

December 2019

Lead Office

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).