MultiChoice Group Ltd has formally declined a non-binding acquisition offer from Vivendi SE’s Canal+.
The proposed offer of R105 per share undervalued its shareholdings, MultiChoice noted. In a statement on its website, the firm MultiChoice noted that “while the Board is open to all means of
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Chinwe Michael
Chinwe Michael is a financial inclusion advocate and economy journalist who uses compelling storytelling to drive awareness. With a background in Banking and Finance and experience across accounting, media, and education, she applies sharp analysis and attention to detail to every piece. She simplifies complex financial and economy concepts into engaging content for Africa and global audience. Chinwe also doubles as a speaker with global recognition for her expertise.
