Peppa Pig rights owner rejects takeover offer

Entertainment One says bid from ITV undervalues company

10th August, 2016
Peppa Pig franchise worth $1 billion last year Pic: Getty

Entertainment One, the Canadian company that owns the rights to popular children's cartoon character Peppa Pig, has rejected a takeover offer of 236p a share as too low.

“The board of eOne has reviewed the proposal and has unanimously rejected it on the basis that it fundamentally undervalues the company and its prospects,” Entertainment One said this morning. The company later confirmed that broadcaster ITV was the bidder.

The rejected offer is 8.5...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Nadine O’Regan: Fresh female voices seize their moment

Emer McLysaght: How WhatsApp has given gossip a new lease of life

Columnists Emer McLysaght 11 hours ago

James McDermott: The grounds for our world sporting bids would not inspire confidence

Sport James McDermott 11 hours ago

Cathal Mac Coille: Like it or not, the Northern Ireland protocol is the only realistic option

Brexit Cathal Mac Coille 11 hours ago