France’s Canal+ Completes $2 Billion Takeover of South African Pay TV Group MultiChoice, Announces New Board

Canal+ Group, the French media giant behind “Paddington,” has completed its long-gestating $2 billion takeover of South African pay TV company Multichoice and announced its new board. The takeover makes Canal+ the dominant player in Africa’s fast-growing pay TV market, where MultiChoice operates across 50 countries. It also marks a monumental step in Canal+’s strategy. The […]