As the FCC clears the acquisition, Skydance pledges political viewpoint diversity, eliminates DEI policies, and commits to bias oversight. Paramount co-CEO Chris McCarthy to exit following merger finalization.
The ZAR125-per-share takeover offer was jointly announced by Canal+ SA (LSE: CAN) and MultiChoice Group on the Johannesburg Stock Exchange’s Stock Exchange News Service, marking a key regulatory milestone ahead of the 8 October 2025 long-stop date.
With an upfront payment of €150 million and up to €377 million in performance-based earnouts, the deal adds 11.5 million subscribers and targets €250 million in annual synergies within three years.