Canal+ raises holding in MultiChoice to 43.54%
Canal+ has been aggressively buying up shares for almost four years after it started building its stake with an initial purchase of 6.5% in October 2020
08 May 2024 - 08:14
Canal+ has increased its holding in MultiChoice to 43.54%, after the French media group bought more shares as it forges ahead in its bid to take control of Africa’s biggest pay-TV operator.
Canal+ said in a statement on Wednesday that it had bought a further 4.731-million MultiChoice shares in on- and off-market transactions, which have already been disclosed to the Takeover Regulation Panel (TRP)...
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