Overview

• The tribunal approved Canal+’s mandatory takeover bid for MultiChoice at €125 per share, valuing the deal at roughly €2.5 billion.
• The deal requires Canal+ to finance local entertainment and sports productions and safeguard existing jobs in South Africa.
• Canal+ already holds more than 45 percent of MultiChoice’s shares and must finalize the mandatory offer by the October 8, 2025 deadline.
• The merger is projected to expand Canal+’s subscriber base from 27 million to between 50 and 100 million across Africa.
• By combining francophone and anglophone pay-TV and streaming operations, Canal+ aims to establish a unified pan-African media champion.