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Canal Plus is proposing to buy 27.42% stake in Multithematiques, ...

Canal Plus is proposing to buy 27.42% stake in Multithematiques, the Liberty Media theme channel unit, French company said Mon., with eye toward owning 66% of unit. Canal currently owns 27.42% of Multithematiques and would buy out other minority…

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holders to total 66%. Move could give Liberty Media opportunity to buy 22.7% stake in U.K.’s BSkyB from Vivendi, which must sell shares under terms of merger with Seagram.