Groupe Canal+ has disclosed that it has bought even more shares in South Africa’s MultiChoice Group in recent days, taking its shareholding closer to the 50% mark.disclosed that it bought millions more of the JSE-listed MultiChoice’s shares between 12 and 17 April. It acquired 3.65 million shares in that period, and has said it could buy more in the open market as it pursues its plan to acquire control of the parent company of DStv, Showmax and SuperSport.
About 1.82 million shares in on/off-market transactions for an average consideration of R117.50/share;Some 810 000 shares in on/off-market transactions for an average consideration of R115.99/share;About 1.01 million shares in on/off-market transactions for an average consideration of R115.95/share; andSome 5 100 shares in on/off-market transactions for an average consideration of R116/share.
Multichoice Canal+
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