Canal+ secures regulatory green light for $3 billion takeover of MultiChoice

France-based media giant Canal+ has received formal approval from South Africa’s Competition Tribunal to proceed with its acquisition of MultiChoice, a landmark deal valued at approximately R53 billion (about $3 billion). This development marks a significant milestone in the consolidation of two major players in the global media and entertainment industry. The Tribunal’s approval is subject to a set of agreed-upon conditions, … Continue reading Canal+ secures regulatory green light for $3 billion takeover of MultiChoice