GUGU LOURIE: BEE may help Canal+ overcome ownership hurdle in MultiChoice deal
Patrice Motsepe is being touted as a potential partner and may invite others to get the deal past regulators
05 June 2024 - 17:37
French media giant Canal+ seems to have found a way around regulations that limit foreign ownership of MultiChoice.
SA restricts foreign ownership of local broadcasters and limits voting rights to 20%. Could it be that BEE is a solution to get over the final hurdle in the French media company’s quest to conclude the acquisition?..
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