Canal+ set for JSE debut

JOHANNESBURG - New DStv owner, French media giant Canal+, will list on the Johannesburg Stock Exchange on 3 June.

The secondary listing follows the Canal+ takeover of MultiChoice.

It forms part of commitments made to regulators during the acquisition process.

READ | Canal+ clears final hurdle to acquire MultiChoice

Canal+ says the move will allow local investors continued access to the company’s shares.

It will also strengthen its long-term presence in Africa’s media and entertainment sector.

The group will become the first French company to secure a secondary listing on the JSE.

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