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Canal+'s acquisition of MultiChoice for £2.3 billion is approved, boosting South African content.
The South African Competition Tribunal has approved Canal+'s acquisition of MultiChoice for 55 billion Rand (£2.3 billion), subject to certain conditions.
These include funding for local South African content and creators.
The deal, which will see MultiChoice restructured into a separate company, is set to be completed by October, allowing Canal+ to expand its global media presence.
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Se aprueba la adquisición de MultiChoice por parte de Canal+ por 2.300 millones de libras, lo que impulsa el contenido sudafricano.