CNBC, who broke the story, said that the owners have agreed to sell if an appropriate buyer is found and that LionTree and Deutsche Bank have been tapped to facilitate the process. The deal has been appraised at $4 billion, including debt.
In 2014, Endemol and Shine merged to create a largescale company. In its current form, the group supports multiple global production companies as well as global content sales operation Endemol Shine International.
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