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Canal+ deal forces MultiChoice to extend Patel s tenure

MultiChoice reaches an agreement with Imtiaz Patel that will see him continue as chairman until completion of the Canal+ transaction.

Canal+ required to make mandatory offer to MultiChoice, regulator rules

South Africa's takeover panel has ruled that French media company Groupe Canal+ SA is required to immediately make a mandatory offer to buy shares of pay TV company MultiChoice that it does not already own, MultiChoice said on Wednesday.

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