[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Trending Explained [@TrendingEx](/creator/twitter/TrendingEx) on x 121.7K followers Created: 2025-07-24 10:19:52 UTC Multichoice is trending because the parent company of DSTV and GoTV is set to be sold to a French media outlet, Canal+ in a $2.9bn acquisition deal at XX% premium! The deal has been in negotiations since 2020, and would finally be completed this October 2025, giving Canal+ additional XX% stake and total ownership of Multichoice. Initially in 2020 Canal+ owned by Vevndi Streaming, acquired XXX% of Multichoice. By 2024, they already had 41.6%. Since it was over 35%, according to the South African Companies Act of 2008 and JSE Listings requirements, Canal+ were mandated to make full acquisition of Multichoice. So, Canal+ made an initial offer of $1.7bn in 2024 for the full company ownership, which the Take Over Regulation Panel found disrespectful, because Multichoice went public with the offer. They appealed, and after a year, Canal+ has been cleared to complete the takeover. Multichoice is excited about the prospect of this take over, as it would help them with innovations. — Showmax, SuperSport all will be under Canal+. Canal+ has about 1m subscribers in Africa, while Multichoice has an estimated 14-19M subscribers. So, Canal+ is looking to expand across Africa and Asia, adding to it’s existing 8M+ subscribers. Nigerians are unsure of what to expect from this acquisition. As many, believe it is a strategy to give France, total media control in Africa. While some are optimistic it would improve their services. Interestingly, Canal+ are behind the weekly payment innovation, that’s reportedly currently in Beta in Nigeria. This is not their first acquisition in Africa. In 2015, they acquired XX% of iRokoTv. And in 2019 they acquired XXX% of Rok Studios for an undisclosed sum. • If you are having estimated billing issues in your estate, apartment or business, Vendr Utilities has fixed it. Inquire now: @Vendrng || iOS • Web • Android || info@vendr.ng || Follow @TrendingEx for daily explanations!  XXXXXX engagements  **Related Topics** [acquisition](/topic/acquisition) [$29bn](/topic/$29bn) [Post Link](https://x.com/TrendingEx/status/1948327262593417485)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Trending Explained @TrendingEx on x 121.7K followers
Created: 2025-07-24 10:19:52 UTC
Multichoice is trending because the parent company of DSTV and GoTV is set to be sold to a French media outlet, Canal+ in a $2.9bn acquisition deal at XX% premium!
The deal has been in negotiations since 2020, and would finally be completed this October 2025, giving Canal+ additional XX% stake and total ownership of Multichoice.
Initially in 2020 Canal+ owned by Vevndi Streaming, acquired XXX% of Multichoice. By 2024, they already had 41.6%.
Since it was over 35%, according to the South African Companies Act of 2008 and JSE Listings requirements, Canal+ were mandated to make full acquisition of Multichoice.
So, Canal+ made an initial offer of $1.7bn in 2024 for the full company ownership, which the Take Over Regulation Panel found disrespectful, because Multichoice went public with the offer.
They appealed, and after a year, Canal+ has been cleared to complete the takeover.
Multichoice is excited about the prospect of this take over, as it would help them with innovations. — Showmax, SuperSport all will be under Canal+.
Canal+ has about 1m subscribers in Africa, while Multichoice has an estimated 14-19M subscribers. So, Canal+ is looking to expand across Africa and Asia, adding to it’s existing 8M+ subscribers.
Nigerians are unsure of what to expect from this acquisition. As many, believe it is a strategy to give France, total media control in Africa. While some are optimistic it would improve their services.
Interestingly, Canal+ are behind the weekly payment innovation, that’s reportedly currently in Beta in Nigeria.
This is not their first acquisition in Africa. In 2015, they acquired XX% of iRokoTv. And in 2019 they acquired XXX% of Rok Studios for an undisclosed sum.
• If you are having estimated billing issues in your estate, apartment or business, Vendr Utilities has fixed it.
Inquire now: @Vendrng || iOS • Web • Android || info@vendr.ng ||
Follow @TrendingEx for daily explanations!
XXXXXX engagements
Related Topics acquisition $29bn