Deals

KKR Said to Mull Bid for Entertainment One After ITV Spurned

Buyout firm is seeking to expand into media, entertainment
No decision has been made and KKR could decide against a bid

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By David Hellier, Kiel Porter, and Manuel Baigorri

August 13, 2016 at 7:09 PM UTC

Updated on

August 14, 2016 at 8:35 AM UTC

This article is for subscribers only.

Private-equity firm KKR & Co. is considering a bid for television distributor Entertainment One Ltd. after the owner of the preschool cartoon character “Peppa Pig” rejected an offer from U.K. broadcaster ITV Plc, according to people familiar with the matter.

KKR is studying a potential proposal, though no final decision has been made and it could still decide against pursuing it, said the people, who asked not to be identified because the deliberations are private. An acquisition would help KKR expand into media and entertainment, an industry where the New York-based buyout firm has been looking to grow, one of the people said.