Archive · 23 Jul 2025
Canal+ Receives Approval to Acquire MultiChoice in Africa
Imagine two big companies, Canal+ and MultiChoice, are joining forces.
Canal+ is buying MultiChoice.
The government in South Africa has said it's okay, but with some rules.
Canal+ needs to keep spending money on local shows and help local creators.
Canal+ is paying a lot of money for MultiChoice.
This deal will make a big entertainment company with a focus on Africa.
Both companies are excited because they think it'll bring more money and better shows and sports for everyone.
The deal is set to be completed in early October.
Canal+ received approval for its takeover of MultiChoice from the South African Competition Tribunal.
The approval is subject to conditions including maintaining local funding and providing opportunities for local creators.
Canal+ will pay 35 billion rand ($2B) to acquire MultiChoice, valuing it at around 55 billion rand.
The transaction aims to create a global media and entertainment company with a focus on Africa.
The deal is expected to conclude on October 8th.
- Who
- Canal+ is acquiring MultiChoice, which is a media company.
- What
- Canal+ is taking over MultiChoice.
- When
- The approval was given recently, with a completion date of October 8.
- Where
- South Africa is where the Competition Tribunal approved the deal. Both companies operate in Africa.
- Why
- The companies aim to create a major media and entertainment player in Africa.
Stakeholder's Perspective
Canal+'s Perspective
Focus
Stakeholder's Perspective
Focus on South African consumers, creative businesses and the nation’s sporting ecosystem.
Canal+'s Perspective
Focus on building out its business in Africa and English-speaking markets.
- Buyer
- Canal+
- Seller
- MultiChoice
- Deal Value
- 35 billion rand ($2B)
- MultiChoice Valuation
- Approximately 55 billion rand
- Approval Authority
- South African Competition Tribunal
- Completion Date
- Planned for October 8th