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CANAL+ announces JSE listing following R35bn MultiChoice acquisition
The Star
|October 14, 2025
A secondary inward listing will preserve South African investor access and market liquidity
MULTICHOICE's head-office in Randburg, Johannesburg. The African media and entertainment group has become a subsidiary of France-based global group CANAL+, but local investors can get an investment in the broader group in future through the planned local listing of and follows CANAL+ on the JSE.
(SUPPLIED)
CANAL+ Groupe, the global media and entertainment group that has closed the R35 billion acquisition of MultiChoice Group (MCG), plans a secondary listing on the Johannesburg Stock exchange.
The deal that adds MultiChoice's extensive African subscriber base to CANAL+'s portfolio will see it serve more than 40 million subscribers across nearly 70 countries.
It was CANAL+'s biggest acquisition, to date, and follows the global group's listing on the London Stock Exchange in December 2024.
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