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Competition watchdog greenlights Canal+ takeover of MultiChoice, with conditions

The Competition Commission on Wednesday recommended the Competition Tribunal approve France's Canal+ offer to buy shares it does not own in pay TV broadcaster MultiChoice, with conditions.

Babatunde Bamigboye, head of legal at the Nigeria Data Protection Commission, said 'the depth of data processing by MultiChoice is patently intrusive, unfair, unnecessary and disproportionate, affecting not only subscribers but also their associates'. File photo.
Babatunde Bamigboye, head of legal at the Nigeria Data Protection Commission, said 'the depth of data processing by MultiChoice is patently intrusive, unfair, unnecessary and disproportionate, affecting not only subscribers but also their associates'. File photo. (REUTERS/Esa Alexander)

The Competition Commission on Wednesday recommended the Competition Tribunal approve France's Canal+ offer to buy shares it does not own in pay TV broadcaster MultiChoice, with conditions.

Canal+, part of French media group Vivendi, last year made a firm offer of R125 in cash per MultiChoice share, or about R35bn, which valued the company at about R55bn.

Reuters

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