Canal+ Group set to acquire full control of MultiChoice in proposed deal
The combined company will have a presence in both the French and English-speaking markets.
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The combined company will have a presence in both the French and English-speaking markets.
Canal+ is to pay $200m for an initial 26.1% stake in Viu and will make a total staggered investment of $300m.
The deal also notably advances the window for Canal+, allowing it to offer films six months after their release in theatres, contrary to the current eight-month waiting period.
