MultiChoice offers Phuthuma Nathi shareholders exposure to its group assets
The deal will give empowerment scheme shareholders the opportunity to gain exposure to all of the DStv operator’s assets, not only those held by MultiChoice SA
16 September 2019 - 22:35
Pay-TV operator MultiChoice said on Monday it intends to offer its black investors in Phuthuma Nathi empowerment scheme shares in the listed company.
As part of its broad-based black economic empowerment (B-B-BEE) transaction, MultiChoice sold shares in its SA operations to black investors through Phuthuma Nathi schemes. ..
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