Kenyan legislation
Exclusion
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IN EXERCISE of the powers conferred by section 42(1) of the Competition Act (Cap. 504) the Competition Authority of Kenya excludes the proposed acquisition of 70% of the issued share capital of the Valley Hospital Limited by Ascent Capital Holdings Africa II Limited from the provisions of Part IV of the Act due to the following reasons—(a)the merger will not affect competition negatively; (b)although the combined value of assets for the preceding year ended 31st December, 2021, which was higher than the turnover, was KSh. 356,458,405, it is below 500 million shillings; and (c)the transaction meets the threshold for exclusion provided under the Competition (General) Rules, 2019.
Source: Kenya Law · Imported 4 October 2026