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Multichoice’s Market Capitalisation Tops $3bn On JSE Debut

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Africa’s biggest pay-TV group, MultiChoice, debuted on the Johannesburg Stock Exchange on Wednesday with shares opening at 95.50 rand, giving the company a market capitalisation of 42 billion rand (3.03 billion dollars). South African e-commerce giant, Naspers, decided to spin off MultiChoice after coming under pressure in recent years to find ways to narrow a […]

 

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