Canal+ increases MultiChoice stake to 45.2%

Jan

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Canal+ creeping takeover of MultiChoice continues

French media giant Group Canal+ has acquired a further 7,374,918 shares in DStv parent MultiChoice in the past week, bringing its total ownership of the local broadcaster to 45.20%.

It acquired the shares between 8 and 10 May 2024, paying between R119.44 and R119.68.
 
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