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The Competition Act—Exclusion

Legal Notice 160 of 2014

This is the latest version of this Legal Notice.
The Competition Act—Exclusion
Citation
Legal Notice 160 of 2014
Primary work
Competition Act
Date
31 December 2022
Language
English
Type
Legal Notice
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LAWS OF KENYA

COMPETITION ACT

THE COMPETITION ACT—EXCLUSION

LEGAL NOTICE 160 OF 2014

  • Published in Kenya Gazette Vol. CXVI—No. 135 on 14 November 2014
  • Commenced on 14 November 2014
  1. [Revised by 24th Annual Supplement (Legal Notice 221 of 2023) on 31 December 2022]

PROPOSED ACQUISITION OF THE ENTIRE ISSUED SHARES OF OMEGA CORPORATIONS LIMITED BY HUHTAMAKI FINANCE B.V.

IN EXERCISE of the powers conferred upon the Competition Authority by Section 42 (l) of the Competition Act, 2010 the Competition Authority of Kenya hereby excludes the proposed merger due to the following reasons:-
(a)The merger will not affect competition negatively; and
(b)The combined turnover of the acquiring undertaking and the Group in Kenya is One Hundred and Sixty Million Shillings (KSh. l60m) which is below the merger threshold for mandatory notification as contained in the Merger Threshold Guidelines.
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History of this document

31 December 2022 this version
14 November 2014
Commenced