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Canal+ acquires over 94% of MultiChoice, triggering a squeeze-out and delisting from the JSE.
Canal+ has secured over 94% of MultiChoice shares, triggering a compulsory squeeze-out to acquire the remaining stake, and will delist MultiChoice from the Johannesburg Stock Exchange.
The French media company, which raised its offer to ZAR125 per share, will pursue a secondary listing on the JSE to boost liquidity and investor access.
The acquisition, completed after a takeover process beginning in 2024, combines Canal+’s global content with MultiChoice’s African subscriber network, now serving over 40 million customers across nearly 70 countries.
Integration has begun, with detailed plans expected in early 2026.
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Canal+ adquiere más del 94% de MultiChoice, lo que desencadena un squeeze-out y el deslistamiento de la JSE.