Canal, Backed By French Billionaire, Plans Jse Listing After Multichoice Takeover

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canal backed by french billionaire plans jse listing after multichoice takeover

Groupe Canal S.A. Canal, the media arm of Vivendi and part of French billionaire Vincent Bollores Bollore Group, is pressing ahead with plans for a secondary inward listing on the Johannesburg Stock Exchange JSE after taking full control of MultiChoice Group Ltd.

The move follows the French media companys successful takeover of MultiChoice Group , a household name in African broadcasting.

Delisting and new listing

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