AGADVOKS GLOBALKENYA · ENGLISH
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Kenyan legislation

Exclusion

Edition: 2023-08-25 · In force

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IN EXERCISE of the powers conferred by section 42(1) of the Competition Act (Cap. 385) the Competition Authority excludes the proposed acquisition of control of the LSG Group by Aurelius Investment LUX One S.A.R.L from the provisions of Part IV of the Act due to the following reasons—
(a)the merger will not affect competition negatively;
(b)the acquirer had no assets in Kenya for the preceding year 2021, while the assets of the target were valued at KSh. 595,380,314;
(c)the combined value of assets of the parties which is higher than the turnover was 595,380,314 which is above KSh. 500 million but less than KSh. 1 billion; and
(d)the transaction meets the threshold for exclusion as provided under the Competition (General) Rules, 2019.
Source: Kenya Law · Imported 4 October 2026