Canal+ hits bump in attempted buyout of MultiChoice
The market is waiting with bated breath to find out if French media group Canal+ will be allowed to make a mandatory offer for the rest of MultiChoice
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The market is waiting with bated breath to find out if French media group Canal+ will be allowed to make a mandatory offer for the rest of MultiChoice
The Canal+ deal would bring scale and exposure, but foreign ownership rules could stop it
Canal+ confirms that it has submitted a letter, to the Board of Directors of MultiChoice, containing a non-binding indicative offer to acquire all of the issued ordinary shares of MultiChoice that it does not already own
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