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Canal+ increases shareholding in Multichoice to 40.01%

Apr 12, 2024•over 1 year ago

Acquiring Company

Canal+

Acquired Company

MultiChoice Group

ParisRandburgFilmBroadcastingFilm ProductionMedia And EntertainmentPublishingMedia And Entertainment

Description

French broadcasting group Canal+ has acquired additional shares of Multichoice Group, raising its total shareholding in the company to 40.01%. This strategic move aims to strengthen Canal+'s position in the global entertainment industry and expand its influence in the African media and entertainment market.

Company Information

Company

Canal+

Location

Paris, Texas, United States

About

Canal+ is a leading French media company that specializes in television streaming services, film production, and distribution. It is a prominent player in the entertainment industry with a strong focus on providing high-quality content to its subscribers.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed