MultiChoice's share price jumps after Canal+ announces its intention to buy the company. Uncertainty remains on whether the deal will go through.
MultiChoice's share price jumped by around 25% after Canal+ announced its intention to buy the company. However, uncertainty remains on whether this deal will go through. Canal+ submitted a non-binding offer to acquire all of the issued ordinary shares of MultiChoice that it does not already own.
The offer is subject to confirmations following further engagements with MultiChoice.
Multichoice Canal+ Share Price Acquisition Offer Uncertainty
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