MultiChoice: Canal+'s takeover bid rejected as it "significantly undervalues the group"
"After careful consideration, the board has concluded that the proposed offer price of ZAR 105 (€5.19 as at 02/02/2024) in cash significantly undervalues the group and its future prospects," announced South African pay-TV group MultiChoice (owner of sports pay-TV group Supersport International) on 05/02/2024.
The French pay and free-TV group...
