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 Nachrichten

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.”

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 8. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

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.
Herkunft: SABCNews - 🏆 37. / 51 Weiterlesen »