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BRAKING: No More MultiChoice As New Company Acquires Owner of DStv, GOtv, In Mega Deal, Makes Promises

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After a long negotiation, Canal+ has acquired the remaining 55% of MultiChoice in a deal valued at $3 billion

The deal now gives Canal+ full control of Africa’s largest pay-TV operator, owners of DStv and GOtv

The mega deal has been approved by South Africa’s Competition Tribunal, with several public interest conditions attached..

French media giant Canal+ has received final regulatory approval to acquire MultiChoice Group, the South African pay-TV operator behind DStv and GOtv. The deal is valued at 55 billion rand (about $3 billion), the companies announced on Wednesday, July 23.

The South African Competition Tribunal cleared the way for Canal+ to acquire the remaining 55% stake in MultiChoice, enabling the French company to proceed with the takeover by October 8, 2025.

Reuters reports that the deal is transformative for Canal+ as part of its expansion in Africa, particularly in English-speaking regions, while for MultiChoice, it will provide much-needed capital to support its local content and innovation.

Maxime Saada, CEO of CANAL+ said in a statement: “The combined group will benefit from enhanced scale, greater exposure to high-growth markets and the ability to deliver meaningful synergies.”

Canal+, which currently operates in 25 African countries through 16 subsidiaries and serves eight million subscribers, said the acquisition will accelerate its ambition to grow to 50–100 million subscribers over the next few years, from 27 million currently.

MultiChoice, Africa’s largest pay-TV operator with 14.5 million subscribers across 50 sub-Saharan countries, includes premium content brands like SuperSport and the DStv satellite service.

The merger will combine Canal+’s French-language content with MultiChoice’s English and Portuguese offerings, creating what Saada described as “a true champion for Africa.”

The mandatory share offer of 125 rand per share values MultiChoice at roughly $3 billion (2.6 billion euros). Canal+, recently spun off from Vivendi, first made the offer in 2023.

Details of the deal
The approval came with several public-interest conditions worth about 26 billion rand over three years and keeping MultiChoice’s headquarters in South Africa, Punch reports.

These include maintaining MultiChoice’s headquarters in South Africa and continued support for local content production. The companies said in a joint statement.

“The package will maintain funding for South African general entertainment and sports content, providing local content creators with a strong foundation for future success.”

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Atiba Varsity Tasks New Staff, Places Premium On Academic Excellence

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The Vice Chancellor of Atiba University, Oyo, Professor Sunday Okeniyi, has enjoined the newly employed staff of the institution to develop the spirit of teamwork, respect, and discipline, which are the hallmarks of every successful institution.

Okeniyi disclosed this during the orientation programme for the newly employed staff of the institution.

While welcoming the newly employed staff, he also congratulated them on their successful appointment into the fast-rising institution. “Your joining us today is not by chance, but by merit, commitment, and the will of God. Atiba University is a citadel of learning and character formation, envisioned to nurture and produce men and women of excellence, integrity, and service. By becoming part of this family, you are now co-builders of this noble vision.”

The V-C said the orientation programme was a deliberate initiative of the management to formally integrate the new staff into the University system. “It is designed to give you a clear understanding of our mission, vision, core values, rules, and operational culture. Our goal is not just for you to work here, but for you to thrive, contribute meaningfully, and leave an indelible mark on the growth and transformation of this University.”

He explained that the university places a premium on academic excellence, innovative research, moral uprightness, and community development. These values define the identity and are the standards the staff must all uphold in their respective assignments—whether as academic staff shaping young minds or as non-teaching staff providing essential support services that make our work possible.

While admitting much needed to be done, Okeniyi said the institution has recorded remarkable progress within a short time. “The future we envision—a future of global competitiveness, leadership in innovation and knowledge, and impact within and beyond Nigeria—requires the collective commitment of every member of staff. That includes you. Your dedication, creativity, and professionalism are needed to propel us forward,” he said.

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This Is War, Kill Every Single One Of Them – Fani-Kayode Blows Hot Over Zamfara Mosque Massacre

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Former Aviation Minister Femi Fani-Kayode has condemned the gruesome murder of five worshippers during an early morning prayer in Yandoto village, Tsafe Local Government Area of Zamfara State.
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Speaking via his 𝕏 account, he insisted that the killers should be wiped out, adding that there should be no room for discussions or negotiations.

Fani-Kayode asserted that the killers are terrorists not bandits and described their actions as an act of war.

He wrote: “These are not bandits. Pls stop calling them bandits. They are bloodthirsty killers and terrorists and every single one of them should be wiped off the face of the earth.

“If our people cannot worship God in peace then we have nothing. No negotiation, no discussion, no ransom payments, no rehabilitation.

“This is WAR. Kill every single one of them, wipe out their blood line and decimate their communities and abodes. There is no place on earth for those that slaughter innocent civilians.”

Meanwhile, the Peoples Democratic Party (PDP) in Kwara State has accused Governor AbdulRahman AbdulRazaq of failing to address the escalating banditry crisis in the state.

Naija News reports that a deadly attack occurred on Sunday in Oke-Ode, Ifelodun Local Government Area, which left several residents and vigilante members dead.

Speaking via a statement on Monday, the Publicity Secretary of the party, Olusegun Olusola Adewara, described the massacre as “a despicable and senseless act.”

He blamed the governor for the insecurity situation in the state, noting that it is a monumental leadership failure.

Adewara said, “The gruesome videos of the casualties circulating online make it look like Kwara is now at war. Under AbdulRahman’s watch, terror is reigning, kidnappers are taking over rural villages, and nowhere is safe again.”

The opposition party faulted AbdulRazaq’s alleged silence and absence from the affected community, insisting that a responsible leader should have personally visited Oke-Ode to commiserate with victims’ families and give assurances of decisive action.

It further accused the governor of neglecting local vigilantes and security personnel “battling criminals in the bush,” while diverting funds to “footballers and entertainers outside the state.”

The PDP’s criticism comes amid rising concern in Kwara North, where repeated bandit attacks have forced residents to abandon farms, schools, and businesses.

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Nigeria @65: Atiku Knocks Tinubu’s Government In Strongly-Worded Independence Day Message; Details Emerge

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Former Vice President Atiku Abubakar, has praised Nigerians for what he described as “uncommon patience, endurance, and resilience despite living under suffocating socio-economic and security conditions”

In his Independence Day message to Nigerians, the opposition leader alleged that the ruling All Progressives Congress (APC) administration had abandoned Nigerians to their fate

Atiku lamented that Nigerians were enduring pains from “raging insecurity, rising food scarcity, mass unemployment, and a dangerous climate of hopelessness all “compounded by the insensitivity of the APC-led administration

Tinubu Chairs ECOWAS 67th Session

In an Independence Day message released by his media office, obtained by Legit.ng, Atiku lamented that Nigerians are enduring excruciating pains from raging insecurity, rising food scarcity, mass unemployment, and a dangerous climate of hopelessness.

The presidential hopeful accused the Tinubu administration of being insensitive to the plight of Nigerians.

Atiku declared: “It is tragic that in a country blessed with immense human and material resources, millions of our people have been reduced to refugees and beggars in their fatherland. Every responsible government holds the welfare and security of its citizens as supreme. But what we have today is an administration that has abandoned its people. Hunger is killing Nigerians, bandits are massacring communities, yet President Tinubu and his cabinet stand by, unmoved and uncaring.”

Furthermore, Atiku called on citizens not to lose faith, reminding Nigerians that the 2027 election provides a clear opportunity to reject bad leadership and reclaim the promise of a better tomorrow.

He said: “The beauty of democracy lies in the power of the ballot. Oppressed and battered as our people may feel today, they will have the chance to sweep away this inept government at the next polls. That is the power no cabal can take away from the people.”

At 65, Atiku noted, Nigeria remains “a giant moving painfully slow on feet of clay”.

The 78-year-old blamed Nigeria’s condition on “a direct result of decades of poor leadership and wasteful governance.”

He bemoaned: “Yet, he urged Nigerians to keep hope alive, insisting that with the right leadership, the country can still rise from the ashes of failed governance to reclaim its rightful place among the comity of nations.”

 

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