CANAL+ ANNOUNCES THE EFFECTIVE CONTROL OF MULTICHOICE
CANAL+ and MultiChoice Group have today announced that the Mandatory Takeover Offer by CANAL+ for the shares of MultiChoice Group it does not already own has become unconditional, with all necessary regulatory conditions complete. CANAL+ is now in effective control of MultiChoice Group and will start to the integration process, creating a global media and entertainment powerhouse, serving over 40 million subscribers across close to 70 countries.
Please see attached the market announcement.
CANAL+ enquiries:
Alima Levy (Investor Relations)
ir@canal-plus.com
Elvire Charbonnel (Communications)
elvire.charbonnel@canal-plus.com
Timothy Schultz (Brunswick Group)
tschultz@brunswick.co.za / +27 (0) 11 502 7300
Jack Walker (Brunswick Group)
jwalker@brunswickgroup.com / +27 (0) 11 502 7300
Diana Munro (Brunswick Group)
dmunro@brunswick.co.za / +27 (0) 11 502 7300
ABOUT CANAL+
Founded as a French subscription-TV channel 40 years ago, CANAL+ is now a global media and entertainment company. The group has 26.9 million subscribers worldwide, over 400 million monthly active users on its video streaming platforms, and a total of more than 9,000 employees. It generates revenues in 195 countries and operates directly in 52 countries, with leading positions in Pay-TV in 20 of them. CANAL+ operates across the entire audio-visual value chain, including production, broadcast, distribution and aggregation.
It is home to STUDIOCANAL, a leading film and television studio with worldwide production and distribution capabilities; Dailymotion, major international video platform powered by cutting-edge proprietary technology for video delivery, advertising, and monetization; Thema, a production and distribution company specialising in creating and distributing diverse content and channels; and telecommunication services, through GVA in Africa and CANAL+ Telecom in the French overseas jurisdictions and territories. It also operates the iconic performance venues L’Olympia and Théâtre de l’Œuvre in France.
CANAL+ has also significant equity stakes across Africa, Europe and Asia, namely in MultiChoice (the Pay-TV leader in English and Portuguese-speaking Africa), Viaplay (the Pay-TV leader in Scandinavia) and Viu (a leading AVOD platform in Southern-Asia). canalplusgroup.com/en
