M&A
confidence high
sentiment positive
materiality 0.85
Lionsgate to acquire eOne from Hasbro for ~$500M, adding 6,500-title library
STARZ ENTERTAINMENT CORP /CN/
- Transaction valued at ~$500M: $375M cash plus assumption of production financing loans.
- Adds 6,500-title library including '1917', 'Green Book', 'Grey's Anatomy', 'Yellowjackets', 'Naked & Afraid'.
- Deal expands Lionsgate's scripted/unscripted TV; includes film development rights to Hasbro's Monopoly.
- Subject to Hart-Scott-Rodino approval and customary closing conditions; expected to be immediately accretive.
- Strengthens Lionsgate's presence in Canada and UK; acquisition from Hasbro (NASDAQ: HAS).