Canal+ wants MultiChoice deal done quickly
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If tie-up is successful, suitor wants to leverage combined 50-million subscribers to compete for broadcast rights
05 June 2024 – 19:13
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French broadcaster Canal+ wants a deal to combine its business with MultiChoice to close as soon as possible, as the tie-up will enable it to compete as a larger entity for lucrative sports, TV and film rights.
This is despite Canal+ having given other MultiChoice shareholders, which hold 54%, a year to accept its offer to take control of Africa’s largest pay-TV business…
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