Clearly something that T-Mobile could potentially benefit from here going forward. Budget wireless provider Mint Mobile, which is partially owned by actor Ryan Reynolds, is being acquired by T-Mobile as part of a cash and stock deal worth up to 1.35bn (1.1bn). It gives T-Mobile a boost here within the prepaid space but also gives them access to the success that Mint has really had in their DTC marketing strategy. In a statement, Reynolds said, 'Mint Mobile is the best deal. The publication's report said that Reynolds owns about 20-25 per cent stake in the company and thus his payout will be in the low nine figures. Mint Mobile has been very, very successful. Mint Mobile, the US mobile operator company that Deadpool star Ryan Reynolds owns a minority stake in, has been acquired by T-Mobile in a 1.35 billion deal, reported The Hollywood Reporter. SEANA SMITH: Yeah, and this could be a huge win here for T-Mobile because we know organic sales growth, at least within that industry, has been slowing now for quite some time. I mean, these brands all tie themselves up with influencers and their initiatives, their companies.

In 2019, actor Ryan Reynolds made the highly-publicized decision to buy an ownership stake in Mint. INES FERRÉ: It's all about the influencers. Ryan Reynolds’s Mint Mobile Will Be Acquired by T-Mobile for 1.3 Billion The Deadpool star will continue be creatively involved in the brand under new ownership. Mint Mobile launched back in 2015 as a subsidiary of another MVNO called Ultra Mobile. He also sold Aviation Gin in 2020 for 610 million. Ines, I think really just it's been interesting to watch how ads like that with Ryan Reynolds, that little bit of touch in the influencer space can kind of carry companies. Reynolds, who owns an estimated 25 stake in Mint Mobile, will receive about 300 million from the deal, the Wall Street Journal reported. Rihanna also having success in the makeup space as well and giving a flash of that at the Super Bowl. You see it in the makeup space with companies like Coty investing in Kylie Jenner's cosmetics. Telecom operator T-Mobile US Inc said on Wednesday it would buy Ka’ena Corp, the owner of Ryan Reynolds-backed budget service provider Mint Mobile, for up to 1.35 billion, as the telecom. Mint Mobile is an MVNO, a mobile virtual network operator, a company that'll sell you a smartphone data plan. Also with Diageo's purchase of George Clooney's Casamigos. Actor Ryan Reynolds is part owner of Mint Mobile and stars in ads for the budget cellular carrier which is being sold to T-Mobile. (Image credit: Future) Editor's note This just in T-Mobile has announced that it's looking to acquire Mint Mobile in a recent blog post for a. The actor Ryan Reynolds purchased an ownership stake in the company called Mint Mobile. You see it in the alcohol sector with Diageo acquiring another company Reynolds had been involved in with Aviation Gin. And shares of T-Mobile up marginally on the news, but this has me thinking of some other celebrity victories in the M&A space.

Ryan reynolds owner of mint mobile