Canal+ (Vivendi) to Acquire M7 Group from Astorg

May 27, 2019

Canal+ Group, a subsidiary of Vivendi, has agreed to buy Luxembourg-headquartered pay-TV operator M7 Group from private equity firm Astorg. The transaction, announced 27 May 2019 and subject to regulatory clearance, expands Canal+'s European pay-TV and OTT footprint and brings M7's ~3 million subscribers and broadband/telephony assets into Canal+'s distribution network.

Buyers
Canal+ Group, Vivendi
Targets
M7 Group S.A.
Sellers
Astorg
Location
Luxembourg
Transaction Type
Buyout

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