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Canal+ Plans Double Listing After USD 2.9 Billion MultiChoice Bid

Summary by Space in Africa
According to Yahoo Finance, Canal+ has submitted a formal bid for MultiChoice, valuing the African broadcaster at USD 2.9 billion, to extend its footprint across the continent. The decision to maintain a local listing is driven by the need to comply with South Africa’s stringent regulations on foreign media ownership, presenting a hurdle that Canal+ […]
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Space in AfricaSpace in Africa

Canal+ Plans Double Listing After USD 2.9 Billion MultiChoice Bid

According to Yahoo Finance, Canal+ has submitted a formal bid for MultiChoice, valuing the African broadcaster at USD 2.9 billion, to extend its footprint across the continent. The decision to maintain a local listing is driven by the need to comply with South Africa’s stringent regulations on foreign media ownership, presenting a hurdle that Canal+ […]

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Space in Africa broke the news in on Monday, April 8, 2024.
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