Kenyan legislation
The Competition Act - Proposed Acquisition
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IN EXERCISE of the powers conferred upon by section 42 (1) of the Competition Act, 2010, the Competition Authority of Kenya excludes the proposed acquisition of all issued shares in Kafila Limited by Kieran Day from Part IV of the Act due to the following reasons—(a)The merger will not affect competition negatively; (b)The target undertaking currently owns undeveloped property (land) in Naivasha and therefore does not have turnover; and (c)The target undertaking’s value of assets (land) considered in lieu of turnover is valued at KSh. 6,488,910 for the year 2013, which is below the required merger threshold for mandatory notification as contained in the Merger Threshold Guidelines.
Source: Kenya Law · Imported 4 October 2026