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Canal+, MultiChoice hint at way around ownership rules

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France’s Groupe Canal+ and its acquisition target, JSE-listed Multichoice Group, have hinted at how they will seek to get around strict restrictions on foreign...

Canal+ bid for DStv is ‘fair and reasonable’

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An independent board formed by MultiChoice recommended an all-cash mandatory offer made by French media group Canal+ for the shares it does not already own...

Canal+ stake in MultiChoice climbs to 42.5%

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France’s Groupe Canal+ has continued to buy shares in acquisition target MultiChoice Group, with its stake now at 42.47%, according to the latest regulatory filing...

Canal+ increases MultiChoice stake to 40.8%

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In February, Canal+’s stake in MultiChoice passed the 35% mark, triggering a law that allowed it to present a mandatory offer to shareholders of...

Canal+ steps up MultiChoice buying spree

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French broadcaster Groupe Canal+ has disclosed that it has bought even more shares in South Africa’s MultiChoice Group in recent days, taking its shareholding...

Canal+ takes MultiChoice stake to beyond 40%

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French broadcasting group Canal+ has bought up another big chunk of shares in acquisition target MultiChoice Group, taking its shareholding beyond 40% for the...

Canal+ makes $2.9bn formal offers to buy MultiChoice

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French media giant, Vivendi’s Canal+, has formally offered $2.9 billion to acquire African media giant, MultiChoice, owners of DStv and GOtv. According to Reuters, the...

MultiChoice, Canal+ deal will help fend off Netflix threat

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MultiChoice Group has agreed to work closely with Canal+ to facilitate a mandatory offer that, if successful, will see the French broadcasting giant buying...

Multichoice extends Chairman Imtiaz Patel’s tenure to conclude Canal+ deal

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The Board of Multichoice Group said they have agreed to extend the tenure of the company’s Chairman, Imtiaz Patel for him to spearhead the...

Canal+ gets more time to make MultiChoice buyout offer

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French television broadcaster Groupe Canal+ has been given an extra 25 days to make a mandatory offer to shareholders of JSE-listed MultiChoice Group. The South African...
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