US toymaker Hasbro has announced it is acquiring studio Entertainment One, which owns popular cartoon series Peppa Pigamong other children's content, for about $4bn (R60.7bn).

In addition to Peppa Pig, the pink swine with a British accent who loves jumping in muddy puddles, the purchase includes the successful children's cartoon PJ Masks, about a trio of young friends who become superheroes at night.

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