Canal Plus to Acquire European Rival M7 from Astorg

Posted on 05/28/2019


French listed media company Vivendi, through its pay TV Group called Canal Plus (Canal+), acquired its rival in Europe called M7 from private equity firm Astorg, who owned a majority interest in M7. The sales price was roughly €1 billion. The deal is expected to close in September 2019, pending regulatory issues. M7 is headquartered […]