Canal+, a subsidiary of the Vivendi group, announced on Friday that it had strengthened its position as Viaplay s main shareholder following the finalization of the Swedish video streaming group s.
Canal+ Group increases Viaplay holding to 29% broadbandtvnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from broadbandtvnews.com Daily Mail and Mail on Sunday newspapers.
Canal+ is planning to acquire all the remaining shares at MultiChoice. The French company holds a 31% stake in MultiChoice. Canal+ plans to make the acquisition at 105 rand in cash per share, which is around 40% premium.