Canal+ Enters Negotiations To Acquire Minority Stake In UGC With Option To Buy French Cinema Group Outright In 2028

France’s Canal+ group announced on Tuesday that it had entered into negotiations with UGC to acquire a 34% minority stake in the historic French cinema company. Following the acquisition of the minority stake, Canal+ would have the option, following agreement with UGC’s shareholders, to take full control of UGC from 2028. UGC is a leading […]