If it’s successful in building its stake from 37% to 75%, the Vivendi Unit will become the pay-TV company’s largest shareholder.At the same time, Currimjee Jeewanjee and Co, the family business which established MC Vision in 1998 would reduce its holding from 53% to 25%, while public broadcaster Mauritius Broadcasting Corporation would withdraw altogether.The move is the latest in Africa by the French media giant, which is in the process of acquiring regional operator MultiChoice.
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