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A French media group, Vivendi’s Canal+, has formally offered $2.9 billion to acquire MultiChoice, owners of DStv and GOtv. According to Reuters, the company made the offer on Monday, in an effort to expand its reach in Africa’s growing media market! Canal+ proposed to buy shares at 125 rands ($6.7) each, pending approval from MultiChoice’s independent board. Accordingly, this deal could give Canal+ a significant boost in Africa, home to the world’s fastest-growing and youngest population. Although talks are still early, South African billionaire Patrice Motsepe might join Canal+ to facilitate …

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