Canal+ Ups Buyout Offer For African Content Giant MultiChoice To $1.8B ...Middle East

France’s Canal+ has upped a buyout offer for African TV and streaming giant MultiChoice to around $1.77B. Vivendi-owned Canal+ is already MultiChoice’s biggest single shareholder, and last month had an earlier offer rejected on grounds it significantly undervalued the African company. The new mandatory offer stands at around 125 South African rand per share ($6.60), […]

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