Αρχική iptv-news Favourable start for Multichoice listing

Favourable start for Multichoice listing

76


Multichoice has made its debut on the Johannesburg Stock Exchange.

Naspers’ pay-TV company has been officially listed as MultiChoice Group Limited.

Shares started trading at R95.50 (€5.99) on Wednesday and closed at R106.01.

It follows last September’s announcement to spin off the pay-TV division; Showmax and Irdeto will also be a part of the new entity.

Multichoice currently reaches close to 14 million households in 50 countries through digital satellite and terrestrial television.



Source link