
Canal+ finalises MultiChoice takeover, plans unified ‘Super App’
French media giant Canal+ has successfully taken control of MultiChoice, clearing the necessary regulatory hurdles to complete a complex and long-anticipated acquisition. The company’s initial offer of R125 per share was accepted by over 90% of MultiChoice’s non-Canal+ shareholders, increasing its stake to 94.36%. Canal+ will now invoke a “squeeze out” provision under Section 124(1)…