Competition Authority of KenyaDeterminationTrade and industry

CAK DECISION ON THE PROPOSED ACQUISITION OF CONTROL OF MINET (MAURITIUS) HOLDINGS LIMITED BY BIMA HOLDINGS LIMITED

CAK competition determinations

The brief

determination
Issued by
Competition Authority of Kenya
Who it affects
the proposed acquisition of control of Minet (Mauritius) Holdings Limited by Bima Holdings Limited
What changed
The Competition Authority of Kenya has approved the proposed acquisition of control of Minet (Mauritius) Holdings Limited by Bima Holdings Ltd unconditionally.
Amounts
  • KES 1,000,000,000.00 — combined turnover or assets, whichever is higher, over which merging parties are required to seek approval from the Authority prior to implementing the proposed transaction