Canal+ Acquires 94% of MultiChoice in Major $3.2 Billion Deal
Canal+ has secured a 94% ownership stake in MultiChoice for $3.2 billion, marking a significant expansion in the African media market. This acquisition not only enhances Canal+'s influence but also sets the stage for a potential secondary listing in Johannesburg, boosting investor confidence. The move reflects a growing trend of consolidation in the media industry, highlighting the importance of international investments in emerging markets.
Canal+ Acquires 94% of MultiChoice in Major $3.2 Billion Deal
Canal+ has secured a 94% ownership stake in MultiChoice for $3.2 billion, marking a significant expansion in the African media market. This acquisition not only enhances Canal+'s influence but also sets the stage for a potential secondary listing in Johannesburg, boosting investor confidence. The move reflects a growing trend of consolidation in the media industry, highlighting the importance of international investments in emerging markets.
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