French billionaire Vincent Bolloré's Canal+ posts $7.2 billion nine-month revenue
Canal+, the French pay-TV group backed by billionaire Vincent Bolloré's family, earned $7.2 billion in nine months as MultiChoice's sales slid in South Africa.
MultiChoice
French billionaire Vincent Bolloré promises President Tinubu more investment in Nigeria
Vincent Bolloré told Bola Tinubu his group will deepen its Nigerian operations, in a market where DStv and GOtv have been shedding customers.
South African billionaire Koos Bekker watches MultiChoice bleed as the empire he built fights for survival
Koos Bekker built DStv from an MBA thesis into Africa's biggest pay-TV empire. Now it is losing subscribers, channels and its identity.
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.
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.