Banijay Nears $2.2 Billion Takeover of Endemol Shine

French firm is back in the game British production house behind “MasterChef” and “Peaky Blinders,” The Telegraph reports

Last Updated: October 23, 2019 @ 9:20 AM

French company Banijay is close to a takeover of Endemol Shine, valuing the British production company at $2.2 billion, The Telegraph reported on Tuesday.

Endemol is owned by Disney and Apollo Global Management. The public company and the private equity firm are expected to close the deal with Banijay in a matter of days.

An attempt to sell Endemol has been on and off for a while now. The production company behind “Black Mirror,” “Peaky Blinders” and “MasterChef” was pretty close to a Banijay takeover a year ago. Back then, the company had a slightly cheaper price tag of $2 billion.

At the time it was last for sale, Fox still owned half of Endemol. That was before Disney bought most of 21st Century Fox’s assets.

Endemol Shine is itself the result of a merger, one which combined Endemol and Shine & Core back in 2014.

Both Banijay Group and Endemol Shine declined to comment to TheWrap. Spokesmen for both Disney and Apollo Global Management did not immediately respond to our requests for comment.