Canal+ acquires over 40% shareholding in MultiChoice, raising merger and regulatory questions

MultiChoice, the parent company of DStv, has issued an update to its shareholders regarding the increased investment by French media conglomerate Groupe Canal+, which has now acquired a 40.01% shareholding. This announcement, made through the Johannesburg Stock Exchange (JSE) news service, addressed speculations about a potential merger. MultiChoice clarified that a stake surpassing 50% would … Continue reading Canal+ acquires over 40% shareholding in MultiChoice, raising merger and regulatory questions