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Multichoice investors get French jitters

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MultiChoice said in its most recent annual report that Canal+ investment has "garnered ongoing interest of other investors, particularly regarding their intentions". The French company, unlike other investors, has accumulated large chunks of the company, currently owning 31.7% of Multichoice. According to JSE requirements, once investors reach the 35% share ownership in a company, assumptions are that a takeover bid is the driving force. Business Day TV unpacked the detail of the story with Business Day's Mudiwa Gavaza.
5 Jul 2023 10AM English South Africa Business · Business News

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