Canal+ Gains Full Control of MultiChoice After Mandatory Offer

Sep 27 , 2025

Canal+ has completed its mandatory offer to acquire all remaining MultiChoice shares, securing effective control of the South African pay-TV giant. The move aligns the company with South African broadcasting regulations, granting foreign shareholders, including Canal+, full voting rights. The combined Canal+, MultiChoice group will serve more than 40 million subscribers across 70 countries and employ roughly 17,000 staff. In South Africa, the company has committed to supporting Historically Disadvantaged Persons (HDPs), small businesses, and local content production. MultiChoice has updated its board following the acquisition, naming Maxime Saada as Chair and appointing David Mignot and Nicolas Dandoy as CEO and CFO of Canal+ African operations, respectively. The company will also shift its financial year-end from March to December to align with Canal+. All subscription and billing arrangements for customers will remain unchanged.