The French audiovisual group announced on Monday 13 October 2025: the success of its takeover bid on MultiChoice Group (MCG), almost two years after the presentation of its brand first offer on the South African pay-TV operator.

Canal+ currently owns 94.39% of all shares. It had raised 51% of the capital during the first stage of the offer, at the end of September, which already gave him effective control of the group. Building on this result, the audiovisual group will now launch an operation of delisting MultiChoice, after acquisition of the remaining shares (” squeeze out”). And the group will engage, after obtaining approvals necessary, the procedure for the secondary listing of its own shares to the Johannesburg Stock Exchange, to become the first French company listed in South Africa

The listing on the Johannesburg Stock Exchange is expected in in addition to allowing Canal+ to expand its shareholder base, while several local investors would have already expressed interest in the future French listed entity. With the takeover closed, Canal+ can now start working on project of integration and the establishment of synergies with its new subsidiary. They promise to be important, at more than 100 million euros per year over time, according to market estimates. The new set will benefit with a greater impact, with 40 million subscribers in total.

Canal+ aims 50 to 100 millions of subscribers eventually, to reach the Top 5 media giants and entertainment, behind the untouchables Netflix, Amazon and Co. and he is counting on its new acquisition to achieve it.