What is the law on mergers and acquisitions?
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What is the law on mergers and acquisitions?
The law provides that M&A includes purchase or lease of shares, acquisition of an interest or purchase of assets of an entity; acquisition of controlling interest in a part of a business or conglomerate that can be operated independently; a business under receivership whether in or outside of Kenya; any foreign entity …
What are the documents required for mergers and acquisitions?
Memorandum and Articles of Association. Audited Balance Sheet. Board Resolution for approval and authorization of the Scheme. List of Equity Shareholders.
What are mergers and acquisitions in Kenya?
A merger refers to acquisition of shares, business or other assets whether inside or outside Kenya resulting in change of control of a business, part of business or an asset of a business in Kenya in any manner and includes a takeover.
Who regulates mergers and acquisitions?
Because the FTC and the Department of Justice share jurisdiction over merger review, transactions requiring further review are assigned to one agency on a case-by-case basis depending on which agency has more expertise with the industry involved.
What role do lawyers play in mergers and acquisitions?
M&A lawyers assist their clients with the appropriate financing for mergers and acquisitions and provide advice concerning the drafting, negotiation, and performance of contracts for the sale of portions of the business.
What are the legal risks of a merger?
The Risks of Mergers and Acquisitions
- Lack of Due Diligence. Due diligence is critical to preparing for M&A transactions.
- Overpayment. Overpayment is a common pitfall of mergers and acquisitions.
- Miscalculating Synergies.
- Integration Issues.
How do you conduct a merger and acquisition?
8 Step in the Mergers and Acquisitions (M&A) Process
- #1 – Developing Strategy.
- #2 – Identifying and Contacting Targets.
- #3 – Information Exchange.
- #4 – Valuation and Synergies.
- #5 – Offer and Negotiation.
- #6 – Due Diligence.
- #7 – Purchase Agreement.
- #8 – Deal Closure and Integration.
What are mergers & acquisitions 4 key risks?
Negotiation Mastery. Organizational Leadership. Strategy Execution. Power and Influence for Positive Impact.
What happens when one company acquires another?
An acquisition is when one company takes over another company, and the acquiring company becomes the owner of the target company. In other words, the acquired company no longer exists following an acquisition since it has been absorbed by the acquirer. The equity shares of the acquiring company continue to trade.
