Giant Groupe Canal+ has expressed confidence in its bid to acquire South African pay-television operator MultiChoice Group, despite the high regulatory hurdles the Vivendi Group subsidiary must first overcome.
Giant Groupe Canal+ is confident in its bid to acquire MultiChoice Group despite regulatory hurdles . The deal must go through Icasa and the Competition Commission , with Icasa being strict on foreign ownership rules .
Proposed changes to legislation are still in draft form.
Groupe Canal+ Multichoice Acquisition Regulatory Hurdles Icasa Competition Commission Foreign Ownership Rules Legislation
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