MultiChoice carves out SA unit to pave way for Canal+ deal - TechCentral
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MultiChoice set to acquire new investors to modify Canal+ takeover
MultiChoice Group has announced reorganisation plans in preparation for its sale to France’s Group Canal+. This comes days after South Africa’s Competition Tribunal approved a $2 billion (35 billion rand) takeover of MultiChoice Group by the French Media Giant. According to a Monday statement, seen by TechCentral, MultiChoice Group will be obtaining a new range of investors in preparation to comply with South African legislation that prevents fo…
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