Canal+ has acquired a significant portion of MultiChoice shares, but still faces obstacles in gaining control. Meanwhile, US dairy farmers are taking measures to combat bird flu.
In a busier day for corporate news on Friday, MultiChoice announced that French giant Canal+ has picked up another hefty chunk, though it still faces hurdles in terms of gaining control. In international news, US dairy farmers are battling bird flu through measures such as banning visitors and cutting down trees.the owner of DStv and Showmax said on Friday. Canal+ made a formal bid for MultiChoice on Monday at R125 per share, with a circular yet to be released.
It has risen about 57% since the beginning of February, when Canal+ indicated it wanted to take over.by the Financial Services Conduct Authority . SA's largest and oldest crypto asset service provider made the announcement in a statement on Thursday. The FSCA's online portal which verifies the status of authorised financial service providers confirms its status. In a statement, Luno said it was the first dedicated crypto trading platform to be awarded the licence.
Canal+ Multichoice Shares Acquisition Control US Dairy Farmers Bird Flu
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'Time is of the essence': French giant Canal+ makes formal bid for MultiChoice'Time is of the essence': French giant Canal+ makes formal bid for MultiChoice
Read more »
Canal+ Increases Stake in MultiChoice to Over 40%Canal+ has acquired a significant portion of shares in MultiChoice, surpassing a 40% shareholding for the first time. The stake in MultiChoice now stands at 40.01% of the JSE-listed broadcaster's ordinary shares.
Read more »
Canal+ buys more MultiChoice sharesThe French-based media giant Canal+ has bumped up its shareholding in the South African video entertainment group to 40.01%.
Read more »
While MultiChoice debates selling, Canal+ is buying more sharesCanal+ now owns 40.01 percent of MultiChoice's ordinary shares. Canal+ now owns 40.01 percent of MultiChoice's ordinary shares.
Read more »
Canal+ plans double listing after $2.9bn MultiChoice bidCanal+ will offer to buy shares at R125 apiece, said MultiChoice and Canal+ in a filing on Monday.
Read more »
Canal+ plans JSE listing if MultiChoice buyout succeedsVivendi SE’s Canal+ plans to use its all-cash offer for MultiChoice Group to create a global media company listed in Europe and South Africa that will compete with US entertainment giants.
Read more »