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Tag: Canal+

Canal+ edges closer to MultiChoice takeover as regulators back R55bn deal
Tech

Canal+ to list on JSE after $3b MultiChoice acquisition

French media powerhouse Canal+ has announced plans for a secondary inward listing on the Johannesburg Stock Exchange following its $3 billion acquisition of South African pay-TV leader MultiChoice Group Ltd. In a statement on Monday, Canal+ said the listing forms part of its broader strategy to expand its presence across Africa while leveraging MultiChoice’s sizable […]

News

Canal+ extends MultiChoice acquisition deadline to October 2025

French media giant, Canal+ has extended the deadline for its acquisition of South African pay-TV broadcaster MultiChoice by six months, moving the anticipated completion date to October 8, 2025. This extension is to allow more time for regulatory approvals, which are still pending. The delay stems from South Africa’s stringent regulations on foreign ownership in […]

S’Africa richest man Patrice Motsepe joins Canal+ bid for MultiChoice
News

S’Africa richest man Patrice Motsepe joins Canal+ bid for MultiChoice

South Africa’s wealthiest black individual, and the president of the Confederation of African Football, Patrice Motsepe, is reportedly in discussions to join Canal+’s bid for MultiChoice, as reported by Bloomberg. The discussions are said to be in the early stages, and there is no assurance of reaching an agreement. Motsepe, with a net worth of […]

Canal+ aims for increased stake in MultiChoice
Business

Canal+ aims for increased stake in MultiChoice

After a decision by South Africa’s Takeover Regulations Panel, Vivendi’s French media business, Canal+, has declared its unwavering desire to purchase further shares of the pay-TV giant MultiChoice by April 8. The Times recorded that, because Canal+ owns 35.01% of MultiChoice, the panel ordered it to disclose its clear intention, so requiring a forced offer. […]

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