21-05-2025
Competition watchdog greenlights Canal+ takeover of MultiChoice, with conditions
The Competition Commission on Wednesday recommended the Competition Tribunal approve France's Canal+ offer to buy shares it does not own in pay TV broadcaster MultiChoice, with conditions.
Canal+, part of French media group Vivendi, last year made a firm offer of R125 in cash per MultiChoice share, or about R35bn, which valued the company at about R55bn.
