Canal+ Gets Anti-Trust Approval for $3 Billion Africa Deal

A billboard advertising MultiChoice programs in Johannesburg.Photographer: Leon Sadiki/Bloomberg

Canal+ received South African anti-trust approval to buy MultiChoice Group Ltd., which will clear the way to make it the largest pay-TV and streaming business on the continent.

The deal got the go-ahead from the anti-trust watchdog this week, enabling a transaction that values MultiChoice at about $3 billion. Canal+ has been buying up stock in the market since announcing the deal in 2024, and will now purchase the rest from shareholders.