French media giant Canal+ has officially listed on the Johannesburg Stock Exchange (JSE), marking a major milestone in its $3 billion acquisition of MultiChoice and deepening its commitment to Africa's fast-changing media market.
The secondary listing, which took effect on Wednesday, June 3, 2026, fulfils one of the final regulatory commitments Canal+ made when it acquired the South African pay-TV operator in late 2025. MultiChoice was subsequently delisted from the JSE after the transaction closed.
The move allows South African investors to buy and trade Canal+ shares locally while the company retains its primary listing in London. No new shares have been issued as part of the process.
While the listing closes an important chapter in the takeover, investors are increasingly focused on a more pressing question: can Canal+ revive subscriber growth across Africa?
The acquisition gave Canal+ access to one of the continent's largest entertainment platforms, spanning more than 50 countries, millions of subscribers, premium sports broadcasting rights, and an extensive local content portfolio.
