Asiasons buys Australian pre-school show from CVC's Nine
Southeast Asian private equity firm Asiasons Group has acquired Australian pre-school television show Hi-5 from Nine Network Australia and Southern Star Entertainment. Nine Network is owned by the debt-laden Nine Entertainment Group, which is backed by CVC.
The acquisition by Asiasons includes production, licensing, touring and merchandising rights for the brand. The investment was channeled via the consumer and resource business-focused Dragonrider Opportunity...
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