Canal+ Begins Secondary Listing on Johannesburg Stock Exchange, Meeting MultiChoice Acquisition Requirement
By
Melanie Goodfellow
A second-rack bagel that's nearly first-rack. Tasty stuff.
Summary
Canal+ has begun trading on the Johannesburg Stock Exchange (JSE) as a secondary listing, fulfilling a regulatory commitment tied to its acquisition of MultiChoice Group. This makes Canal+ the first French company to list on the JSE, allowing local investors to trade the stock in rand-denominated transactions. Canal+'s primary listing remains on the London Stock Exchange, where it listed in 2024.
Key quotes
· 1 pulledJoining the Johannesburg Stock Exchange is a statement of our ambition
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