Canal+ is frantically trying to figure out a corporate structure for its impeding tie-up with MultiChoice that satisfies local regulators and allows it to have an active role in the running of Africa’s largest pay-TV group.

Canal+, which has so far spent €1.2bn (R24.3bn) buying up shares in the DStv operator, has pitched the transaction as an opportunity to create an African media business powerhouse with operations in key markets on the continent, from SA and Nigeria to Senegal and Cameroon...

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