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French firm offers to acquire Multichoice for $1.7bn

A French company, Canal+, has offered to acquire South African pay-TV giant MultiChoice for around R31.7bn ($1.7bn).

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Vivendi's Canal+ submits offer to acquire South Africa's Multichoice

Canal+ said it would pay a cash consideration of $5.61 per MultiChoice ordinary share and is also aiming to obtain a listing in South Africa.

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What Canal+, Multichoice Deal Means For African Entertainment

Vivendi SE Canal+, a French premium television channel, has submitted an acquisition bid for the purchase of MultiChoice.

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French firm bids to acquire Multichoice for $1.7bn - The Nation Newspaper

French firm bids to acquire Multichoice for $1.7bn - The Nation Newspaper
thenationonlineng.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationonlineng.net Daily Mail and Mail on Sunday newspapers.

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Vivendi's Canal+ submits offer to acquire Multichoice

Vivendi s Canal+ has submitted an offer to acquire South African pay TV company MultiChoice Group, the company said in a statement on Thursday.

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