MultiChoice

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Africa

Canal+ completes MultiChoice acquisition

(Photo credit: REUTERS/Esa Alexander) Originally published by Broadcast Media Africa French media giant Canal+ has officially acquired approximately 94.39 percent of MultiChoice Group’s issued ordinary shares, following a highly successful mandatory buyout in which more than 90 percent of shareholders agreed to the sale. According to a joint statement released by the two companies, Canal+ will now proceed with a “squeeze-out” process under section 124(1) of South Africa’s Companies Act, […]

today14 October, 2025

Africa

Ghana criticizes Canal+ as talks to acquire MultiChoice continue

Ghana’s Communications Minister, Samuel Nartey George (Photo: African Zone Facts) Ghana’s Communications Minister, Samuel Nartey George, has raised concerns over Canal+’s ongoing talks to acquire MultiChoice, expected to conclude by October 2025. The minister criticized the company for allegedly ignoring government directives to reduce subscription prices and for failing to address the proliferation of unregulated Nigerian decoders in the local market. Minister George said that the need for accountability, stating […]

today14 August, 2025