Canal+ has completed the acquisition of the remaining 30% of Digital SPI International it did not already own.
In a stock exchange announcement published by Bankier, the management of Kino Polska TV said that it received a notification on August 17 from Canal+ Luxembourg that Canal+ has acquired 30% of shares in Lisbon-based Digital SPI International from Hilda Uziyel.
Digital SPI International indirectly, through SPI International B.V, holds 13,082,126 shares of the issuer, constituting 66.00% of the issuer’s share capital and entitling to 66.00% of the total number of votes in the issuer.
As a result, Canal+ is now the sole shareholder in Digital SPI International.
As previously reported by Broadband TV News, in April Canal+ and its subsidiary M7 Group decided to exercise their call option on the 30% remaining shares of SPI International and therefore to acquire full ownership of the company.
Canal+’s acquisition of a majority (70%) stake in SPI International was first announced in September 2021.