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VINCENT BOLLORE
French billionaire, Vincent Bollore's owned-Vivendi SE's Canal+ has revised its bid for South Africa's MultiChoice Group Ltd., increasing it by nearly 20% and entering exclusive talks to acquire control of the prominent African broadcaster.
On Thursday, Vivendi SE's Canal+ proposed to acquire the remaining shares of MultiChoice Group, the South African pay-TV company, in a deal valued at 46 billion rand ($2.5 billion).