Canal Plus acquistion of M7 cleared

  •   
  •   
  •   

Canal Plus has been granted permission by the European Commission to complete its acquisition of M7 – one of the largest independent pay-TV companies in Europe operating in Benelux and Central Europe

Canal announced its intention to acquire M7 back in May for €1 billion.

M7 boasts a customer base of 3 million across the Netherlands, Belgium, Austria, Czech Republic, Slovakia, Hungary and Romania, which would bring Canal Plus’ total customer base to 12 million across Europe, and 20 million globally.

Following the European Commission’s green light, the deal is now expected to close in the next few days.


  •   
  •   
  •   

You must be logged in to post a comment Login