8 results
- 7 Feb 2024
MultiChoice Rejects Takeover Bid by Canal+, French Firm
MultiChoice Group has rejected a move by Vivendi SE’s Canal to be the highest shareholder in the company, saying the price undervalues the business. Recall that the French company last week made a…
- 25 Mar 2018
Naspers Refuses Vivendi's Bid to Buy MultiChoice
A multimillion Euro offer from Vivendi to buy African pay-TV platform MultiChoice has been rejected by owners Naspers. Naspers is a global internet and entertainment group with investment…
- 12 Jun 2024
MultiChoice Group Posts Loss in Q1 as Subscription Rate Dips
South Africa’s TV giant MultiChoice posted a pretax loss of 706 million rand ($38 million) for the year ending in March, the company said Wednesday citing weak local currencies and a drop in…
- 3 Apr 2024
Multichoice Extends Patel, Chairman’s Tenure to Conclude Canal+ Deal
Board of Multichoice Group have announced the extension of the tenure of Imtiaz Patel, company’s chairman, for him to spearhead the conclusion of the ongoing buyout deal with French media…
- 28 Apr 2013
Nigeria Leads as World Inches to 7Bn Mobile Users
The world is inching towards the milestone seven billion mobile subscription mark by December 2013, with emerging markets as major drivers of the growth engine, according to a new study by Pyramid…
- 27 Oct 2025
MultiChoice to Delist from JSE after Canal+ Takeover
MultiChoice Group is set to delist from the Johannesburg Stock Exchange (JSE) on December 10 2025, after Canal+ secured control of more than 90% of its shares, effectively completing its takeover of…
- 4 Jun 2024
MultiChoice and Canal+ Buyout Deal Forges Ahead
MultiChoice and French media giant Groupe Canal+ have released a joint circular detailing plans and dates for the proposed buyout of the DStv operator at R125 per share. The circular covers what…
- 15 Jan 2014
Etisalat Hires Standard Bank for Nigeria Tower Sale
Etisalat, the Gulf's top telecom operator, has hired Standard Bank as an advisor for the planned sale of transmitter towers by its Nigerian affiliate, three banking sources aware of the matter said.…