Canal+ doubles its stake in MultiChoice to become second-largest shareholder
French group’s investment is now worth R7.2bn
29 October 2020 - 11:51
French broadcaster Canal+ has become the second-biggest shareholder in MultiChoice after almost doubling the stake that it bought in Africa’s biggest satellite-TV group just three weeks ago.
The pay-TV subsidiary of media conglomerate Vivendi increased its stake to 12%, from 6.5%, MultiChoice said in a statement on Thursday...
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