Canal+ completes MultiChoice acquisition across 50 African countries
Canal+ Group completed its acquisition of South African pay-TV operator MultiChoice, giving it control of MultiChoice’s operations in 50 African countries. Canal+ said the combined group serves more than 40 million subscribers across close to 70 countries; it plans to provide a fuller strategy update in the first quarter of next year.
The completed deal combines Canal+ and MultiChoice’s operations and subscriber base across several markets.