Multichoice Extends Patel, Chairman’s Tenure to Conclude Canal+ Deal

In September last year, the company had announced that Patel would step down.

However, in a notice issued to its shareholders on Tuesday, the company said Patel will remain as chairman until the completion of the ongoing Canal+ transaction, while Masilela, a long-standing non-executive director and the designated Chair, will become the Deputy Chair of the MultiChoice Board.