Naspers to list pay-TV provider MultiChoice in Johannesburg

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(Telecompaper) In recognition of PN’s support over the years, Naspers intends to allocate another 5 percent stake in MultiChoice South Africa to PN shareholders at no cost, prior to the unbundling. This would increase the PN shareholders’ interest in Multichoice South Africa, and its dividend flows should rise by 25 percent. It would also ensure continued compliance with regulatory requirements after the unbundling. 
Source: Industry News (syndicated from Telecompaper.com)

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