Hasbro buys Peppa Pig owner Entertainment One in £3.3bn deal

UK-listed firm is latest one to be targeted by a foreign buyer amid no-deal Brexit fears

Hasbro, the US toymaker behind My Little Pony and Play-Doh, has snapped up the Peppa Pig owner Entertainment One in a £3.3bn takeover.

The deal, which sent Entertainment One’s share price soaring by 30% in early trading on Friday, marks the latest UK-listed company to be targeted by a foreign buyer since the dramatic weakening of the pound over fears of a no-deal Brexit.

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