Warner Bros shareholders approve Paramount's $111bn takeover
The approval came as Donald Trump is to attend a dinner with billionaire Paramount backers the Ellisons.
Tag: Takeover
Read More
IHS Towers board backs MTN’s R35bn takeover deal
MTN has approximately 24.7% shareholding in IHS. The board of IHS Towers has accepted an offer of $8.50 a share in a transaction that would see MTN Group increasing its shareholding to 100%, the mobile operator announced today. The potential transaction is subject to various approvals and the delisting of IHS from the New York…
Africa: Canal+ Targets Africa Synergies After Multichoice Takeover
Canal+ outlined the first benefits of its acquisition of MultiChoice, pointing to Africa as the main source of cost savings and growth. The deal was completed on Sept. 22, 2025. Speaking to investors on Jan. 29, Canal+ Chairman Maxime Saada said the group expects more than €400 million of EBITDA synergies and about €300 million…
Tribunal clears Vumatel’s takeover of Herotel
The Competition Tribunal has approved the sale of Herotel to Vumatel, but only subject to an extensive set of conditions aimed at safeguarding competition. The decision clears the way for Vumatel, which is already a shareholder in Herotel, to acquire full control of the business. Vumatel, a subsidiary of Maziv, is South Africa’s largest fibre-to-the-home…
Tribunal approves Vumatel’s takeover of Herotel
Herotel operates fibre infrastructure. The Competition Tribunal has approved the merger in which Vumatel will acquire control of Herotel. In a statement, the tribunal says it has approved the transaction subject to conditions which address competition and public interest-related concerns. The conditions can be accessed here. Vumatel, already a shareholder in Herotel, is South Africa’s…
Residents emerge in DR Congo’s tense Uvira after M23 rebel takeover | News
A cautious calm has settled over the eastern Democratic Republic of the Congo (DRC) city of Uvira in South Kivu province, as residents begin emerging from their homes following its capture by M23 rebels. The capture earlier this week threatens to derail a United States-brokered peace agreement, signed with much fanfare and overseen by President…
Netflix is said to be exploring mega Warner Bros takeover
Netflix is actively exploring a bid for Warner Bros Discovery’s studio and streaming business, retaining a financial advisor and gaining access to financial information, according to three sources familiar with the matter. The video streaming service has hired Moelis & Co, the investment bank that advised Skydance Media on its successful bid for Paramount Global,…
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)…
Africa: Spotify Launches Global Afrobeats Playlist, Crowns the Genre’s Global Takeover
To amplify Afrobeats’ status as a global powerhouse, Spotify has today announced the launch of its new Global Afrobeats Playlist. The new Global Afrobeats Playlist is a celebration of a sound that has moved from the club to the charts and beyond, influencing global fashion, dance, and culture. In direct response to the genre’s global…
Trump admin backs off Washington, DC police takeover after striking deal | Donald Trump News
US President Donald Trump had placed Washington’s police department under federal control earlier this week. The administration of US President Donald Trump has reversed course and agreed to leave the Washington, DC police chief in control of the department, after Washington officials and the United States Justice Department negotiated a deal at the urging of…