The South African Competition Commission has recommended approval of Canal+’s mandatory offer to acquire all MultiChoice Group shares not already owned for R125 per share, subject to public interest conditions. These conditions include commitments to support Historically Disadvantaged Persons and Small, Micro, and Medium Enterprises in South Africa’s audio-visual industry while maintaining funding for local content. The transaction now awaits approval from the South African Competition Tribunal and fulfillment of remaining conditions, with a revised long stop date of October 8, 2025.
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