MultiChoice Group Limited (MCG) has confirmed that its ordinary shares will be delisted from both the JSE and the A2X with effect from the commencement of trading on Wednesday, 10 December 2025. The delisting follows the successful execution of the compulsory acquisition process by Groupe Canal+ S.A.S. (Canal+).
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Canal+ has been attempting to gain control of MultiChoice for nearly two years and has now acquired all the remaining shares following a squeeze-out of other shareholders.
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Canal+ completed the acquisition of all the remaining MultiChoice ordinary shares on 5 December 2025 and has since paid the necessary consideration in accordance with the Companies Act.
The required regulatory approvals for the delisting have been obtained from the JSE, the A2X, and the Financial Surveillance Department of the South African Reserve Bank.
Future inward listing planned
Despite the delisting, the group said Canal+ will still fulfil all obligations set by South Africa’s competition authorities and plans to complete a secondary inward JSE listing of Canal+ within nine months, in line with the approved timelines.
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