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An update from Canal+ ( (GB:CAN) ) is now available.
Canal+ S.A. has announced a significant development in its proposed acquisition of MultiChoice Group Limited, as the South African Competition Commission has recommended the approval of the transaction, subject to certain public interest conditions. This recommendation marks a crucial step towards Canal+’s goal of expanding its media footprint in Africa, with commitments to support local content and historically disadvantaged groups, potentially enhancing its industry positioning and offering greater choice to consumers.
The most recent analyst rating on (GB:CAN) stock is a Buy with a £3.55 price target. To see the full list of analyst forecasts on Canal+ stock, see the GB:CAN Stock Forecast page.
More about Canal+
Canal+ S.A. is a company operating in the media and entertainment industry, focusing on providing television services and content. The company is involved in expanding its market presence in Africa, aiming to create a global media entity with a strong emphasis on local content and entertainment.
Average Trading Volume: 2,393,787
Current Market Cap: £1.92B
For an in-depth examination of CAN stock, go to TipRanks’ Stock Analysis page.
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