Canal+ CEO Maxime Saada has acknowledged that Showmax has been a significant drag on MultiChoice’s financial performance.
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Canal+ says its MultiChoice acquisition will unlock multibillion-rand cost synergies as it targets scale across Africa.
TechCentral’s South African Newsmakers of 2025 are people who shaped outcomes that reached beyond boardrooms.
Canal+ has secured 94.4% of MultiChoice Group’s issued shares following the close of its mandatory offer to shareholders.
France’s Group Canal+ moved quickly on Monday to stamp its authority on MultiChoice Group following the conclusion of the deal.
What the Canal+ takeover of MultiChoice could mean for competition in South Africa’s media ecosystem.
Canal+ is likely to drive through big strategic changes should its takeover bid for MultiChoice succeed.
Groupe Canal+’s planned acquisition of South Africa’s MultiChoice Group has been hit by a delay.
Canal+ has highlighted its intention to become a global content platform, with Asia and Africa seen as high-growth markets.