French media giant acquires MultiChoice in $3 billion deal, takes full ownership of DStv and GOtv
French media conglomerate Canal+ has completed the full acquisition of MultiChoice Group, the parent company of DStv and GOtv, in a landmark $3 billion (approximately 55 billion rand) deal. The transaction, which secures Canal+ the remaining 55% stake it did not previously own, received formal approval from South Africa’s Competition Tribunal on Wednesday, July 23….
