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Apr 23, 2024 · Imtiaz Patel, who was supposed to stay as chairman to manage a potential deal with Groupe Canal+, has resigned with immediate effect. The decision comes amid concerns about corporate governance and foreign ownership limits in the broadcasting company, which is under a takeover proposal by France’s Canal+.
Apr 24, 2024 · MultiChoice has reversed an earlier plan for chairman Imtiaz Patel to remain in place while the proposed buyout by Canal+ is completed. Under a plan first announced in September, Patel was to...
Apr 24, 2024 · MultiChoice, one of the leading media companies in South Africa, has announced that its chairman, Imtiaz Patel, has resigned with immediate effect. Patel's resignation comes after a recent announcement that he would step down in 2024.
Apr 25, 2024 · MultiChoice has revealed that the proposed takeover by Canal+ has advanced to the next phase, prompting the departure of chair Imtiaz Patel and the appointment of Elias Masilela as his successor.
Apr 1, 2024 · Imtiaz Patel, who was supposed to step down on 1 April 2024, has resigned with immediate effect as MultiChoice chairman. He is replaced by Elias Masilela, while Patel will remain as a consultant until October 2028.
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Apr 3, 2024 · MultiChoice has reversed its initial announcement, stating that Imtiaz Patel will not resign as Chairman until the Canal+ buyout is completed.