Chorion the latest to be linked with Hit buyout - Licensing.biz

Chorion the latest to be linked with Hit buyout

Chorion shortlists three private equity firms to fund a takeover of Hit Entertainment.
Author:
Publish date:
Social count:
0
13_mypictr_200x200(5).jpg

The Sunday Times has reported (in an unsourced story), that the firm has been securing funding for a January bid for Apax Partner's Hit Entertainment, which is being auctioned for up to £1 billion.

The new investor will be chosen in the next two weeks with help from investment bank Jefferies, the report said.

A deal would see the two businesses rolled together, with 3i, owner of Chorion, maintaining a minority stake.

The news comes after reports back in October that Chorion, Viacom and Disney, were interested in the sale.

Related

Chorion

Since going private last year, Chorion has quietly been building up its portfolio. Now it is ready to shout from the rooftops about its forthcoming line-up, which includes more Noddy activity, as well as the launch of Mr Men and Famous Five projects.

Featured Jobs

Historic Royal Places Job Logo 620 x 349

Licensing Manager HRP

Historic Royal Palaces (HRP) is a successful, high performing organisation built on strong foundations. An independent charity, we manage the Tower of London, Hampton Court Palace, the Banqueting House, Kensington Palace, Kew Palace and Hillsborough Castle in Northern Ireland. We help everyone to explore the story of how monarchs and people have shaped society in some of the greatest palaces ever built.

Universal Job Logo 620 x 349

Senior Graphic Designer, EMEA - Consumer Products

Working in tandem with the Product Development team and reporting into the Design Manager EMEA, the purpose of this role is to drive forward our creativity across all licensed consumer products. As part of the creative team, you’ll be developing exceptional creative assets and product concepts for numerous NBCUniversal franchises that inspire licensing partners across the entire region.

Aardman Job Logo 620 x 349

Brand Manager (Maternity Cover)

Part of the brand team, The Brand Manager works closely with several members of the department, including Studio Publicist, Community Managers, Licensing, Sales and Attractions and Live Experiences teams to implement local and international strategies in the form of brand plans and maximising on all activity surrounding the properties.