May 21, 02:40 PM

Canal+ Nears Conditional Approval from South Africa Competition Commission for $1.96 Billion MultiChoice Takeover

France's Canal+ is poised to receive conditional approval from South Africa's Competition Commission for its $1.96 billion acquisition of MultiChoice Group, Africa's largest pay-TV operator. The Competition Commission has recommended that the Competition Tribunal approve the takeover with certain conditions. This development brings Canal+ closer to finalizing its purchase of the South African media company. Meanwhile, unrelatedly, Intralot has stated it is not in negotiations to acquire any company in Australia, and the Competition Commission has issued a negative recommendation regarding Alphabet Education's acquisition of Delta Schools in Northern Greece.

#France #South Africa #Competition Commission #MultiChoice Group #Africa #Competition Tribunal #South African #Intralot #Australia #Alphabet Education #Delta Schools #Northern Greece

Written with ChatGPT (GPT-4).

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