Various law firm leaders are advising on the bid by Canal+, which values MultiChoice at $2.9 billion.
April 11, 2024 at 06:21 AM
2 minute read
Herbert Smith Freehills, DLA Piper and four other firms are advising on the proposed acquisition of South African broadcaster MultiChoice by the French media conglomerate Canal+ Group.
The Paris-based company, which currently holds 36.6% stake in MultiChoice, is offering to buy the remaining shares for ZAR 35.3 billion ($1.9 billion), according to a joint statement from both companies on April 8.
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