The Competition Tribunal has agreed to support the acquisition of MultiChoice Group by Groupe Canal+.
Browsing: Canal+
MultiChoice and its French suitor, Canal+, have told competition regulators that they cannot compete effectively without scale.
Policy reforms aimed at attracting foreign investment don’t go far enough, critics have warned.
MultiChoice is working on huge changes to DStv as it looks to stem subscriber losses in an increasingly competitive market.
MultiChoice Group has lost 1.2 million linear broadcasting subscribers in the past year, a decline of about 8%.
MultiChoice Group expects a sharp decline in reported trading profit for the year ended 31 March 2025.
Groupe Canal+’s planned acquisition of MultiChoice Group just cleared a major hurdle.
Canal+ is likely to drive through big strategic changes should its takeover bid for MultiChoice succeed.
A big dividend cut is coming as MultiChoice warns shareholders that it is struggling in a difficult economy.
MultiChoice Group has announced a plan to carve out its South African licensee into a new entity.