CANAL+ Extends Premier Soccer League Broadcast Deal Across Sub-Saharan Africa with SuperSport
- On Wednesday, French pay-TV group Canal+ listed on the Johannesburg Stock Exchange, becoming the first French company to join South Africa's bourse following its acquisition of local broadcaster MultiChoice Group.
- The listing follows last year's acquisition of MultiChoice, providing a boost for the Johannesburg Stock Exchange, which has suffered from departures and few high-profile joiners in recent years.
- Valued at 51 billion rand, the firm is the only global media and entertainment group on the exchange; CEO Maxime Saada signaled the market debut by blowing a Kudu horn.
- Saada stated the listing aligns the group's capital and creative resources with African investors, aiming to "enhance the liquidity of our shares" and support growth ambitions in Africa.
- JSE chairman Phuthuma Nhleko noted the listing reflects global confidence in South Africa's capital markets; the firm's expansion into English-speaking Africa supports its ambition to become a global platform across Europe, Africa, and Asia.
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CANAL+ listing on JSE a historic moment for the bourse – The Mail & Guardian
CANAL+ made its Johannesburg Stock Exchange (JSE) debut on Wednesday, becoming the first French company – and the only global media and entertainment group – ever listed on the South African bourse – the biggest in Africa. The shares opened at R58.50 under ticker CNP and had climbed to R58.80 by early afternoon, signalling investor appetite for a company that now holds the reins of what was once MultiChoice, Africa’s dominant pay-TV operator. Bu…
Broadcaster CANAL+ becomes first French company to list in Johannesburg
CANAL+ extends PSL broadcast partnership
The CANAL+ Group has announced the extension of its partnership with the National Soccer League (NSL) for the broadcast rights to the Premier Soccer League (PSL) on SuperSport across Sub-Saharan Africa. The deal reinforces the group’s commitment to investing in African sport and local content following its acquisition of MultiChoice. A LONG TERM COMMITMENT TO LOCAL PSL FOOTBALL The renewed agreement covers the Betway Premiership, MTN8, Carling K…
Canal+ Begins Trading On Johannesburg Stock Exchange Fulfilling MultiChoice Acquisition Regulatory Commitment
Canal+ began trading on the Johannesburg Stock Exchange (JSE) on Wednesday as a secondary listing, fulfilling a local regulatory commitment tied to its acquisition of pan-African media and entertainment company MultiChoice Group last year. Under the move, Canal+ becomes the first ever French company to list on the JSE, with the entry giving local investors […]
On the London stock exchange since the end of 2024 with the division of Vivendi's activities, the Canal+ group entered the Johannesburg stock exchange on June 3. In line with the acquisition of the South African multi-choice television and streaming group, Canal+ has thus become the first...
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