Canal+ Takes Full Control of MultiChoice Group
Following the close of its mandatory offer to shareholders, Canal+ has secured 94.4% of MultiChoice Group's issued shares.
French media giant Groupe Canal+ has all but completed its takeover of MultiChoice, securing 94.39% of the South African pay-TV group’s issued shares.
- The offer, which closed on 10 October, was accepted by shareholders holding more than 217.6 million MultiChoice shares.
- This represents about 92.5% of the shares subject to the offer.
Combined with the shares Canal+ already held, the French company’s total stake has risen to just under 95%.
Canal+ to take full ownership of MultiChoice, ending the company’s six-year run as a separately listed company on the JSE.
Author's summary: Canal+ acquires 94.4% of MultiChoice shares.
More News
- Post-Game Quotes: Duke
- Quote of the Day by Warren Buffett: ‘Wall Street is the only place…’
- Kayla - Two warriors. One outcome. Who you got??
- Amanda Nunes’ UFC Return Date Announced
- Photoshop CS6 tutorial: Color lookup
- Veteran teacher wins six-figure payout after principal falsely quoted him and painted him as racist
- Patch AM: Can Crofton wrestling turn regional realignment into a championship run?
- Lookup Field - Overview in Airtable
- UFC 323’s Edson Barboza doesn’t regret featherweight move but ‘I look back and see how sick I was getting’
- Zen Quotes API | Daily Inspirational Quotes