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MultiChoice Group Set for Delisting from Johannesburg Bourse Amid Canal+'s Compulsory Buyout

MT Newswires·12/08/2025 10:57:38
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10:57 AM EST, 12/08/2025 (MT Newswires) -- MultiChoice Group (MCG.JO) shares will be delisted from trading on the Johannesburg Stock Exchange and the A2X after Canal+ (CAN.L) completed its compulsory acquisition of shares it does not already own in the target. The delisting will take effect on Wednesday after certain regulatory approvals are received, including from the Johannesburg bourse, the A2X, and the Financial Surveillance Department of the South African Reserve Bank, according to a Monday release. In September, the French media group finalized its mandatory offer for MultiChoice shares it does not own from the target's shareholders for a consideration of 125 rands each.