financetom
Business
financetom
/
Business
/
Market Chatter: Canal+ Mulls Acquiring Remaining 30% Stake in Showmax From Comcast
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Canal+ Mulls Acquiring Remaining 30% Stake in Showmax From Comcast
Oct 24, 2025 6:34 AM

09:28 AM EDT, 10/24/2025 (MT Newswires) -- French media company Canal+ is evaluating the possibility of buying out the remaining stake in Showmax from Comcast ( CMCSA ) , Bloomberg said Friday, citing people familiar with the matter.

Canal+ is working with advisers on a potential purchase of Comcast's ( CMCSA ) 30% stake in Showmax, which is the largest streaming platform in Africa, the people reportedly said. MultiChoice Group, an entity controlled by Canal+, owns the rest of Showmax, according to the report.

Discussions are preliminary and there is no guarantee that a deal will go through, the people told Bloomberg.

Comcast ( CMCSA ) and Canal+ did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
EHang Holdings Stock Is Falling Today: Here's Why
EHang Holdings Stock Is Falling Today: Here's Why
Aug 26, 2025
EHang Holdings Ltd ( EH ) reported second-quarter financial results before the market open on Tuesday and the stock is sliding following the report. Here’s a look at the key details from the print. What Happened: EHang ( EH ) reported second-quarter revenue of RMB147.2 million ($20.54 million). The urban air mobility company reported second-quarter adjusted net income of RMB9.4...
Apple internally discussed buying Mistral, Perplexity, the Information reports
Apple internally discussed buying Mistral, Perplexity, the Information reports
Aug 26, 2025
(Reuters) -Apple ( AAPL ) has held talks internally about acquiring French AI startup Mistral as well as Perplexity, the Information reported on Tuesday, citing people familiar with the matter. Apple ( AAPL ) has trailed rivals such as Google and Samsung in terms of roll-out of AI features in its devices. CEO Tim Cook signaled last month that Apple...
Ryanair and Booking.com reach tickets deal after long legal dispute
Ryanair and Booking.com reach tickets deal after long legal dispute
Aug 26, 2025
DUBLIN (Reuters) -Ryanair has struck a deal with Booking Holdings to let its Booking.com and KAYAK websites resell the airline's tickets, the companies said on Tuesday, apparently drawing a line under their years-long legal dispute over the issue. Ryanair has in recent years launched a series of legal actions against third-party booking platforms that resell its tickets without agreement, including...
Apple internally discussed buying Mistral, Perplexity, the Information reports
Apple internally discussed buying Mistral, Perplexity, the Information reports
Aug 26, 2025
Aug 26 (Reuters) - Apple ( AAPL ) has held talks internally about acquiring French AI startup Mistral as well as Perplexity, the Information reported on Tuesday, citing people familiar with the matter. Reuters could not immediately verify the news. (Reporting by Akash Sriram in Bengaluru) ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved