SA Money Daily | French giant Canal+ makes offer to buy DStv owner MultiChoice
The big succession: Looking for new blood at SARS, SARB and the finance ministry View Online SA Money Daily The biggest business, economic and market news of the day. AHMED AREFF , BUSINESS DEPUTY EDITOR French giant Canal+ makes offer to buy DStv owner MultiChoice French entertainment giant Canal+ wants to take control of MultiChoice, making an offer on Thursday to buy all remaining shares it does not own of the DStv owner. In a letter to the MultiChoice board, Canal+ confirmed it would offer shareholders a cash payment of R105 per MultiChoice ordinary share, a premium of 40% to the JSE-listed company's closing share price of R75 on Wednesday. "It is the ambition of Canal+ to create an African media bus...