MultiChoice: Canal+'s takeover bid rejected as it "significantly undervalues the group"

News Tank Football - Paris - News #314221 - Published on
©  D.R.
Canal+ Group x MultiChoice - ©  D.R.

"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...

©  D.R.
Canal+ Group x MultiChoice - ©  D.R.

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