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Canal Plus Places Bid to Acquire Multichoice Group at a 40% Share Premium - Vimarsana News

Canal Plus Places Bid to Acquire Multichoice Group at a 40% Share Premium

Canal+ is planning to acquire all the remaining shares at MultiChoice. The French company holds a 31% stake in MultiChoice. Canal+ plans to make the acquisition at 105 rand in cash per share, which is around 40% premium.