Vivendi's Canal+ has made a non-binding offer to acquire South African pay-television company MultiChoice Group. The offer, disclosed in a 'cautionary announcement', aims to expand MultiChoice's global reach. The proposed purchase price by Canal+, a French media giant, is ZAR 105 per share, amounting to a total offer of $1.7 billion.
👉 Here’s a round-up of some of the biggest business headlines from sub-Saharan Africa this week https://t.co/7G8B8rW5rB
WATCH: 👉 Here’s a round-up of some of the biggest business headlines from sub-Saharan Africa this week https://t.co/nRUMMIefa8
👉 Nigeria said it cleared the entire backlog of verified claims owed to foreign airlines whose payments were blocked in the country. Cocoa farmgate prices rose to their highest level in Cameroon. Here’s what's been making business headlines in Africa this week https://t.co/5VJd88Oqxd
WATCH: 👉 Nigeria said it cleared the entire backlog of verified claims owed to foreign airlines whose payments were blocked in the country. Cocoa farmgate prices rose to their highest level in Cameroon. Here’s what's been making business headlines in Africa this week https://t.co/NWxgxhKekc
👉 French group Vivendi's Canal Plus offered to buy more shares in South Africa's MultiChoice Group for $1.7 billion. Burkina Faso indicated it may leave the West African Economic and Monetary Union. A look at business headlines in sub-Saharan Africa this week https://t.co/T7yNLIjIZT
WATCH: 👉 French group Vivendi's Canal Plus offered to buy more shares in South Africa's MultiChoice Group for $1.7 billion. Burkina Faso indicated it may leave the West African Economic and Monetary Union. A look at business headlines in sub-Saharan Africa this week https://t.co/AAp2TjTunr
Vivendi's Canal Plus offers to buy rest of South Africa's MultiChoice https://t.co/6fbiPnUBaj https://t.co/dqrr7C3Wzv
Vivendi’s Canal+ Group Makes Move To Acquire African Entertainment Giant MultiChoice https://t.co/vsryYRR1ZA
"cautionary announcement" by Multichoice $VIV $BOL $ODET $BCG - Canal+/Vivendi want it all for ZAR 105/sh https://t.co/iWtywaZ4Ee https://t.co/7DUutqhzqM https://t.co/VavJtEdknn
French giant Canal+ makes offer to buy DStv owner MultiChoice https://t.co/IaJKpy2DpM
Vivendi’s Canal+ has made a non-binding offer to purchase MultiChoice Group which it says would grow the South African pay-television company globally https://t.co/if9kP75Q4N