Canal+ to circumvent South Africa's strict foreign media ownership rules in its MultiChoice takeover bid through stock exchange double-listing.

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by BloombergCanal+ will try to circumvent South Africa's foreign media ownership regulations in its takeover attempt of MultiChoice through a stock exchange double-listing of the new entity in both South Africa as well as in Europe.Canal+ formally made an upped offer of R35 billion for MultiChoice as it tries a buyout of the powerful pan-African pay-TV operator. Canal+ values
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Canal+ to circumvent South Africa's strict foreign media ownership rules in its MultiChoice takeover bid through stock exchange double-listing. Canal+ to circumvent South Africa's strict foreign media ownership rules in its MultiChoice takeover bid through stock exchange double-listing. Reviewed by Admin Blog on 4:24 PM Rating: 5

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