News Formal

Canal+ and MultiChoice File for Merger Control Approval in South Africa

  • 📰 TechCentral
  • ⏱ Reading Time:
  • 15 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 71%

Business & Finance أخبار

Merger,Canal+,Multichoice

Canal+ and MultiChoice have officially submitted a joint merger control filing to the Competition Commission of South Africa. The proposed merger is classified as a 'large merger' under the Competition Act, requiring approval from the Competition Tribunal.

In a statement to investors, the companies said that on Monday they “made a joint merger control filing pertaining to the offer to the Competition Commission as required by the Competition Act”.

“Canal+ and MultiChoice are also engaging with the Independent Communications Authority of South Africa and other regulatory authorities.” “Given the regulatory processes underway, Canal+ and MultiChoice will provide MultiChoice shareholders with further updates and details in due course.”

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 8. in AE
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Competition Commission and Tribunal is hosting the 18th Annual Competition Law Conference.
مصدر: SABCNews - 🏆 37. / 51 اقرأ أكثر »