Digital Times Nigeria
  • Home
  • Telecoms
    • Broadband
  • Business
    • Banking
    • Finance
  • Editorial
    • Opinion
    • Big Story
  • TechExtra
    • Fintech
    • Innovation
  • Interview
  • Media
    • Social
    • Broadcasting
Facebook X (Twitter) Instagram
Trending
  • Nigeria Must Claim Its Seat In Global AI Economy, Experts Warn At GITEX 2025
  • NITDA DG Calls For Pan-African AI Collaboration At GITEX Nigeria 2025
  • Zinox, KongaCares Partner To Unveil Groundbreaking “Computerize Nigeria” initiative At GITEX Nigeria
  • How Two Nigerian Students Won Airtel Africa Foundation Fellowship
  • Konga Unveils “All In All, Everything ×2 – Category Month” Shopping Campaign
  • Nigeria’s Fintech Growth Hinges On Regulator–Operator Partnership, Stakeholders Say
  • NCC Moves To Strengthen Cybersecurity Framework As Telecoms Face Growing Threats
  • RoW Waiver: The Hidden Backbone Of Anambra’s Digital Revolution
Facebook X (Twitter) Instagram
Digital Times NigeriaDigital Times Nigeria
  • Home
  • Telecoms
    • Broadband
  • Business
    • Banking
    • Finance
  • Editorial
    • Opinion
    • Big Story
  • TechExtra
    • Fintech
    • Innovation
  • Interview
  • Media
    • Social
    • Broadcasting
Digital Times Nigeria
Home » Canal+ Increases Stake In MultiChoice Group, Acquires Additional Shareholding
BROADCASTING

Canal+ Increases Stake In MultiChoice Group, Acquires Additional Shareholding

mmBy Rommy Imah6 October 2020No Comments1 Min Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
CANAL
Share
Facebook Twitter LinkedIn Pinterest Telegram Email WhatsApp

Canal+, the French media company has acquired more stakeholding in MultiChoice Group by buying another 1.5 per cent shares in the company, bringing its total stake in the African media conglomerate to 6.5 per cent.

MultiChoice, a Johannesburg Stock Exchange (JSE) listed organisation, disclosed this on Monday in an investment statement stating: “the company remains committed to acting in the best interest of all shareholders to create sustainable long-term shareholder value.”

Canal+, owned by Vivendi, is a France-based TV and film production and distribution company with its own TV channels spanning across the movies, sports, series, and news genres.

Canal+ has been looking to create more in-road in the African TV and broadcast market.

It will be recalled that not long ago, the company bought into ROK studios – a Nigerian production company.

Analysts say that the new investment move by Groupe Canal+ SA now makes it the second-biggest shareholder in MultiChoice, only second to the Public Investment Corporation (PIC).

 

READ ALSO  Court Ejects TStv From Headquarters Over Inability To Pay Rent
#Canal+ #MultiChoice Group #Shareholding #Stake #Vivendi
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous Article9mobile Pledges Support For FG’s Policy, Strategy On Digital Economy
Next Article Cisco Fined $1.9 billion In U.S. Patent Lawsuit
mm
Rommy Imah
  • Website

Rommy Imah is Founder/Editor of Digital Times Nigeria (www.digitaltimesng.com). He has been in active journalism in over two decades with a bias for technology and business reporting. He is particularly passionate about technology and how it can be used to transform human life, businesses and services.

Related Posts

Zinox Shares Innovation Story On Konga 103.7FM

8 August 2025

Canal+ Expands African Footprint With $3 Billion Acquisition Of MultiChoice

24 July 2025

Ekeh Champions ‘Last Mile Takeover’ As Game-Changer For Brands @KongaFM Event

12 April 2025

How KongaFM 103.7 Helped Cure My Insomnia Challenge – Mohammed

7 April 2025

Konga Communications Welcomes NBC Delegation, Reinforces Commitment To Excellence And Compliance

27 February 2025

FCCPC Summons MultiChoice Over Price Increases On DStv, GOtv

25 February 2025

Comments are closed.

Categories
About
About

Digital Times Nigeria (www.digitaltimesng.com) is an online technology publication of Digital Times Media Services.

Facebook X (Twitter) Instagram
Latest Posts

Nigeria Must Claim Its Seat In Global AI Economy, Experts Warn At GITEX 2025

4 September 2025

NITDA DG Calls For Pan-African AI Collaboration At GITEX Nigeria 2025

3 September 2025

Zinox, KongaCares Partner To Unveil Groundbreaking “Computerize Nigeria” initiative At GITEX Nigeria

3 September 2025
Popular Posts

Building Explainable AI (XAI) Dashboards For Non-Technical Stakeholders

2 May 2022

Building Ethical AI Starts With People: How Gabriel Ayodele Is Engineering Trust Through Mentorship

8 January 2024

Gabriel Tosin Ayodele: Leading AI-Powered Innovation In Web3

8 November 2022
© 2025 Digital Times NG.
  • Advert Rate
  • Terms of Use
  • Advertisement
  • Private Policy
  • Contact Us

Type above and press Enter to search. Press Esc to cancel.