Canal+ secures 94% ownership of MultiChoice in $3.2 billion deal
PositiveFinancial Markets

Canal+ has successfully secured a 94% ownership stake in MultiChoice through a significant $3.2 billion deal. This acquisition is a major move in the media landscape, enhancing Canal+'s influence and reach in the African market. It matters because it not only strengthens Canal+'s portfolio but also signals a growing trend of consolidation in the media industry, potentially reshaping content delivery and viewer experiences.
— Curated by the World Pulse Now AI Editorial System