French billionaire’s firm wins final approval in DStv owner MultiChoice takeover
Canal+, owned by French billionaire Vincent Bollore, has won final approval to fully acquire MultiChoice in a $2.9 billion media takeover.
MultiChoice
French billionaire’s firm makes mandatory bid for DSTV parent, MultiChoice in $2.9-billion deal
The tender offer will conclude on April 25, 2025, with regulatory results expected on April 29, 2025, as outlined in a combined circular released earlier this week.
French billionaire’s firm buys additional $47.63-million stake in DStv parent, MultiChoice
Vivendi, partly owned by Bollore Group, is using its subsidiary Canal+ to steadily increase its stake in MultiChoice.
French billionaire’s firm buys $30.6-million stake in DStv parent, MultiChoice
Vivendi, partly owned by Bollore Group, is using its subsidiary Canal+ to steadily increase its stake in MultiChoice, signaling its expanding ambitions in Africa’s entertainment market.
French billionaire’s firm boosts bid for DStv owner, pushing valuation above $2.9 billion
Following the announcement of the increased offer, MultiChoice shares surged by 52 percent since the original bid on Feb. 1, with an additional 4.1-percent increase on Tuesday.
Nigeria taxman seeks $4.3 billion from John Ugbe-led MultiChoice, moves to block accounts
However, the media company debunked the allegations that it defaulted on tax payments.