MultiChoice Begins Restructuring Ahead of Canal+ Takeover - TechCentral

MultiChoice starts BEE restructuring ahead of Canal+ deal

The pay-TV giant gets set to restructure to meet the Competition Tribunal’s requirements for the $3 billion Canal+ deal.

MultiChoice Overhauls SA Operations Ahead of Canal+ Deal - Innovation Village | Technology, Product Reviews, Business

MultiChoice has announced a sweeping overhaul of its South African operations as the pay-TV giant prepares for its anticipated acquisition by French media company Canal+. The move signals both a restructuring of the business and a bid to position itself more competitively in the shifting media landscape. The overhaul will focus on streamlining operations, cutting costs, and boosting efficiency. Reports indicate that MultiChoice is already review…

MultiChoice begins restructuring for Canal+ $3.17 billion takeover

The pay-TV sector in Africa is on the verge of a historic shift as MultiChoice begins reorganising its South African business to pave the way for Canal+ to proceed with its R55-billion (approximately $3.17 billion) offer to acquire it. In a statement to shareholders on Monday, MultiChoice reiterated that all the transactions necessary to restructure its South Africa Holdings are in place. This was one of the key conditions laid out by the Compet…

MultiChoice begins restructuring ahead of Canal+ takeover - TechCentral

The pieces are finally moving into place for one of the most significant media deals in South African corporate history.