PROPOSED ACQUISITION 71% confidence via regex

GAZETTE NOTICE NO. 2198

THE COMPETITION ACT

(No. 12 of 2010)

PROPOSED ACQUISITION

PURSUANT to the provisions of section 46(6) of the Competition Act, 2010, it is notified for general information of the public that the Competition Authority of Kenya has approved the proposed acquisition of 50% shareholding in Cummins C&G Holdings Limited by CMI Africa Holdings B.V (Cummins B.V) on condition that— (a) the parties execute a non-exclusivity provision in their distribution agreement; and (b) the non-exclusivity provision in the executed distribution agreement shall not be amended, reviewed, deleted or in any way varied without the Authority’s approval. Dated the 28th February, 2017. WANG’OMBE KARIUKI, Director-General.

Dated the 28th February, 2017.

Extracted Entities (1)

previous_gazette_ref

2198

Details

Act / Legislation: THE COMPETITION ACT
Reference: No. 12 of 2010
Section: section 46(6)
Date Signed: 28th February 2017
Page: 3
Extraction Method: regex

Source Gazette

Vol. CXIX No. 29

Published 31st January 2017