Entertainment One receives approval to purchase Alliance Films
EntertainmentOne, co-owner of Peppa Pig and distributor of the Twilight films, has received the green light from regulators to acquire Alliance Films.
EntertainmentOne, co-owner of Peppa Pig and distributor of the Twilight films, has received the green light from regulators to acquire Alliance Films.
The entertainment company had announced that it would purchase Alliance for CAD$225m last September.
It has now been given clearance from the Canadian Competition Bureau and is now free to complete the acquisition of the company, which has rights to films including The King's Speech.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"A further announcement will be made in due course," the company said in a statement.
Entertainment One has been pursuing Alliance since last January.
Alliance finances and distributes films and controls an 11,000-title film library. It has films such as Lost in Translation, Pulp Fiction, Good Will Hunting, the Lord of the Rings trilogy and The Hunger Games under its banner.
Entertainment One, which as a market capitalisation of £478.67m, is an international company that specialises in the acquisition, production and distribution of film and television content including The Walking Dead and Rookie Blue.
Shares rose 2.92% to 176.50p at 8:55 Thursday.
RD
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
‘Inheritance tax insurance’ enquiries are soaring – but is it worth it?
Premiums for whole of life insurance can run to £5,000 a month to cover a £300,000 inheritance tax bill, with policies costing more the older you take them out.
-
MPs warn over Lifetime ISAs which could leave savers out of pocket
The Treasury Committee has highlighted confusion around the Lifetime ISA withdrawal charge, which risks consumers losing “a significant part of their savings”