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

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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.”

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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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.
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