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MultiChoice, which will soon become part of Canal+, has been ordered to shutter its service in Ghana after refusing to lower ...
The Minister of Communications, Digital Technology and Innovation, Samuel Nartey George says French media giant Vivendi’s ...
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France’s Canal+ Gets Anti-Trust Approval for Takeover of South African Pay TV Group MultiChoice
Canal +, the pay TV group behind "Paddington," has received anti-trust approval to finalize its takeover of South Africa's MultiChoice Group.
South Africa's Competition Tribunal has approved Canal+'s 35 billion rand ($2 billion) takeover offer for TV broadcaster MultiChoice , subject to agreed conditions, the companies said on Wednesday.
In order to comply with the Electronic Communications Act, MultiChoice must hand control of LicenceCo to other entities.
Canal+ S.A., a French media and telecommunications conglomerate based in Paris, will restructure MultiChoice Group and carve out its broadcasting licence and South African DStv subscribers into ...
France’s Canal+ has upped a buyout offer for African TV and streaming giant MultiChoice to around $1.77B. Vivendi-owned Canal+ is already MultiChoice’s biggest single shareholder, and last ...
Canal+ currently owns just over 35% of MultiChoice, which owns pay-TV services and streamer Showmax. When it hit this shareholding threshold, it became mandatory to launch a takeover offer per a ...
Canal+, part of French media group Vivendi (VIV.PA), in April made a firm offer of 125 rand in cash per MultiChoice share, or about 35 billion rand ($1.88 billion), which valued the company at ...
Vivendi SE’s Canal+ plans to use its all-cash offer for MultiChoice Group Ltd. to create a global media company listed in Europe and South Africa that will compete with US entertainment giants.
Canal+ holds around 45 percent of MultiChoice’s shares and offered last year to acquire the remainder for 125 rand (6.16 euro) per share.
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