On 29 August 2017, the Competition Authority of Kenya (CAK) approved with conditions the proposed acquisition of Associated Vehicle Assemblers Limited (AVA) by Simba Corporation Limited (Simba Corp). The approved merger sees the acquisition of an additional 50% of the shares in AVA which were previously controlled by Marshalls East Africa Limited (Marshalls).
Quarterly competition case update: Mergers, acquisitions and competition cases - November 2015
A summary of some of the major mergers, acquisitions and enforcement cases in the region.