Overview

• Canal+ said its takeover offer became unconditional on Sept. 19, giving it effective control after holding about 46% of MultiChoice shares and receiving an additional 2.2% tendered.
• Maxime Saada becomes chair of the MultiChoice board, David Mignot is appointed CEO of MultiChoice and Canal+ Africa, and Nicolas Dandoy is named CFO, with Calvo Mawela moving to chair Canal+ African operations.
• The South African Competition Tribunal cleared the deal with conditions that include sustained funding for local general entertainment and sports and measures to support historically disadvantaged persons and SMMEs.
• Canal+ leaders pledged increased investment in high‑budget African productions such as Shaka iLembe and Spinners and reiterated they will not launch local news networks, focusing the group on entertainment and sports.
• The combined group targets more than 40 million subscribers across roughly 70 countries and about 17,000 employees, with plans to seek listings in Johannesburg and London and to outline strategy and synergies in early 2026.