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Canal+ set for Multichoice takeoverCanal+, the French broadcaster that already owns 35% of Africa’s largest pay-TV group, Multichoice, has made a new offer to buy up the rest of the shares, after two previous offers were rejected.
Canal+ early in June last year improved its offer for MultiChoice to ZAR125 per share, a 67% premium to MultiChoice's closing price of ZAR75 before Canal+ first approached MultiChoice investors on ...
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 ...
An activist investor has urged Canal+ to become more transparent about its long-term strategy and business goals.
MultiChoice CEO Calvo Mawela said their teams continue to make great progress on the Canal+ transaction, which is expected to be concluded later this year. Last month, MultiChoice outlined the new ...
MultiChoice and French media giant Groupe Canal+ have proposed significant changes to the corporate structure of South Africa’s pay-TV giant to comply with local broadcasting regulations ...
To become a global player, the French group urgently needs to acquire South Africa’s MultiChoice, but the deal likely to shake up Africa’s TV market is complicated. Here are five questions to explain ...
Opinion
16dOpinion
Daily Maverick on MSNThe Finance Ghost: The lowdown on MultiChoice’s missteps, Bell’s regrets and Barloworld’s futureMultiChoice is struggling with poor execution in South Africa and a risky expansion into Africa, leaving investors and customers frustrated. Bell Equipment shareholders, who rejected a take-private ...
I have always wondered why the tangle wasn’t between Multichoice and the regulator of the broadcast industry, the National Broadcasting Commission, NBC. It would probably have been a straight fight ...
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