Nov 17 (Reuters) – Hasbro Inc (HAS.O) stated on Thursday it’s trying to promote a part of its eOne manufacturing unit, which makes TV exhibits together with “Yellowjackets” and “The Rookie”, because the toymaker appears to be like to streamline its enterprise and concentrate on core manufacturers.
The corporate purchased eOne, maker the favored youngsters’s TV present “Peppa Pig”, for about $4 billion in 2019. Hasbro stated Peppa Pig is just not part of the enterprise that it’s placing up on the market.
Hasbro shares rose marginally in premarket buying and selling.
Reporting by Uday Sampath in Bengaluru; Modifying by Devika Syamnath
Our Requirements: The Thomson Reuters Trust Principles.
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