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New Deal


Announced

Canal+ to acquire the remaining 65% stake in MultiChoice for $1.9bn.

Financials

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Transaction Value£1,496m
Consideration TypeCash
Capital Owned35%
Capital Bid For65%
EV/Sales-
EV/EBITDA-
Share Price Premium66.7%
One Off Charge-

Tags

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entertainment

South Africa

Entertainment

television service

Acquisition

Cross Border

Majority

Single Bidder

Public

Pending

Mandatory Offer

Friendly

Synopsis

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Canal+, a French media and telecommunications conglomerate, agreed to acquire the remaining 65% stake in MultiChoice, a South African pay-TV company, for $1.9bn. If the deal materializes, it will establish a pan-African broadcasting giant with the capability to showcase African content to global audiences and compete on the international stage.

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