Groupe Canal+ takes 6.5% stake in MultiChoice
The share price of Africa's largest pay-TV operator was on track for its best day in almost four months on Monday morning
05 October 2020 - 10:23
French broadcasting giant Group Canal+ has taken a 6.5% stake in MultiChoice, Africa’s largest pay-TV operator, whose share price was set for its best day in almost four months on Monday.
The stake was worth R3.2bn on Monday morning, and MultiChoice’s share price was up 7.89% to R110.57 in early trade, on track for its best day since June 10. ..
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