CPPIB-backed Entertainment One to buy Daisybeck Studios
Entertainment One (eOne) has agreed to acquire Daisybeck Studios, a Leeds, U.K.-based television company producing factual, factual entertainment and event programming. No financial terms were disclosed. Daisybeck Founder and Managing Director Paul Stead will continue to oversee operations. EOne, a Toronto-based entertainment content studio, said the acquisition is in line with its planned expansion of non-scripted activities in the United Kingdom. EOne is a portfolio company of Canada Pension Plan Investment Board (CPPIB). In 2015, CPPIB acquired a minority stake from Marwyn Investment Management for $290 million.
11 July 2019•3 mins read
