Investors fear Apple is losing clout in China, a long-prized market that generates roughly a fifth of its sales.
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A deal will be exceptionally difficult – if not impossible – to get over the line. So, why is Canal+ pursuing control of MultiChoice?
Canal+, the company with French roots and global reach, has a similar history to South Africa’s MultiChoice Group.
Former State IT Agency CEO Bongani Andy Mabaso has joined JSE-listed Altron as group chief technology officer.
Senior management changes have been announced at MultiChoice Group and MTN South Africa.
MultiChoice has disclosed details of the monetary investment it and partner Comcast are making in Showmax.
Canal+ said it expects to offer R105/share for MultiChoice, or a 40% premium to the closing price on 31 January.
FNB has partnered with Spar to offer some FNB clients up to 15% back in eBucks when they shop in-store with virtual cards.
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