MultiChoice to delist from JSE
Canal+ plans to acquire all remaining MultiChoice shares after more than 90% of shareholders accepted its offer, triggering a compulsory buyout.
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MultiChoice to delist as Canal+ takes full control
Canal+ CEO Maxime Saada French media giant Groupe Canal+ has all but completed its takeover of MultiChoice, securing 94.39% of the South African pay-TV group’s issued shares following the close of its mandatory offer to shareholders. The result, announced to investors on Monday, clears the final hurdle for Canal+ to take full ownership of MultiChoice,…