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Canal Plus to acquire European pay-TV operator M7 for EUR 1 billion

2019-05-28 09:50:00| Telecompaper Headlines

(Telecompaper) Vivendi's subsidiary Canal Plus has announced the acquisition of Luxembourg-based pay-TV operator M7 Group from private equity firm Astorg Partners, in a deal worth slightly over EUR 1 billion. Subject to approval from the European Commission, the acquisition would enable the broadcaster to expand its presence in seven new European markets.

Tags: eur european operator billion

Category:Telecommunications

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