Competition Authority of KenyaDeterminationTrade and industry

CAK DECISION ON THE PROPOSED ACQUISITION OF 66.67% SHAREHOLDING OF AIG KENYA INSURANCE COMPANY LIMITED BY NCBA GROUP PLC

CAK competition determinations

Muhtasari

determination
Imetolewa na
The Competition Authority of Kenya
Inawahusu
the proposed acquisition of the remaining 66.67% of the issued share capital of AIG Kenya Insurance Company Limited by NCBA Group Plc
Kilichobadilika
The Competition Authority of Kenya has approved the proposed acquisition of the remaining 66.67% of the issued share capital of AIG Kenya Insurance Company Limited by NCBA Group Plc unconditionally.
Kiasi
  • KES 1,000,000,000.00 — combined turnover or assets threshold for merging parties to seek approval from the Authority prior to implementing the proposed transaction