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

📆 01-10-24 12:50:00
📰 TechCentral

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

Business & Finance Nouvelles

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.”

Écrire un Commentaire

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

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.
La source: SABCNews - 🏆 37. / 51 Lire la suite »