Canal+ increases stake in MultiChoice to 40%
French media group plans to take control of Africa’s largest pay TV company
14 April 2024 - 19:19
Canal+ now owns 40% of MultiChoice as the French media group continues to aggressively buy shares, underlining its intent to take control of Africa’s largest pay TV company.
The pace at which the French operator is expanding its stake is also an indication that some investors see current prices as a good level at which to exit. ..
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