French media giant, Canal+ bids $1.7bn for Multichoice

French media giant Canal+ wants to buy DSTV’s South African parent firm, Multichoice. It was stated recently and witnessed by multiple media outlets. Canal+, a significant MultiChoice shareholder, acknowledged that it sent a letter to the Board of Directors. Canal+’s non-binding indicative offer to buy Multichoice’s issued ordinary shares is included in the letter, reports … Continue reading French media giant, Canal+ bids $1.7bn for Multichoice