Canal+ extends MultiChoice acquisition deadline amid regulatory challenges
Canal+ has announced a six-month extension for the acquisition of MultiChoice, moving the deadline to October 8, 2025. The delay is attributed to South Africa's Electronic Communications Act, which restricts foreign ownership in broadcasting licenses.
Canal+ continues its share acquisition spree at Multichoice
Canal+ acquires an additional 3,374,668 shares in MultiChoice, increasing its stake to 41.59%. Canal+'s previous acquisitions were at a discount, but the recent shares were priced between R115.99 and R117.59.
