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Canal+ Buys Into French Cinema Chain UGC & Plans Secondary Listing In Johannesburg

Deadline•Thursday, October 16, 2025 at 7:38:02 AM
PositiveEntertainment
Canal+ Buys Into French Cinema Chain UGC & Plans Secondary Listing In Johannesburg
Canal+ has made a significant move by acquiring a 34% stake in the French cinema chain UGC, signaling a strong commitment to the future of French and European cinema. This investment not only enhances Canal+'s portfolio but also reflects its dedication to theatrical exhibition. Additionally, the company is planning a secondary listing in Johannesburg, which could open new avenues for growth and investment in the region. This deal is important as it underscores the resilience and potential of the cinema industry, especially in a time when many are questioning the future of traditional film viewing.
— Curated by the World Pulse Now AI Editorial System
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