MultiChoice has agreed to work closely with Canal+ on a mandatory offer the latter must make to the former’s shareholders.
Browsing: Canal+
The two companies believe scale, shared experience and a large war chest will help see off the threat from US streamers.
MultiChoice has rescinded a previous announcement that Imtiaz Patel would step down as its chairman with effect from 1 April.
Patrice Motsepe is in talks with Canal+ to join the multibillion-dollar bid for MultiChoice Group, sources have said.
Groupe Canal+ has raised its offer to buy all the shares of MultiChoice, with the parties agreeing to exclusive talks.
Canal+ has been given an extra 25 days to make a mandatory offer to shareholders of MultiChoice Group.
TechCentral has a look at what Canal+ must do now to comply with takeover regulations in its pursuit of MultiChoice.
Groupe Canal+’s approach to MultiChoice Group about a potential acquisition has taken a dramatic turn.
On a risk-adjusted basis, there are more compelling stocks to buy in the relatively cheap South African market.
The Takeover Regulation Panel is investigating after MultiChoice ended potential buyout talks with its largest shareholder.