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

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).