Mergers and Joint ventures

  • Acting for Safaricom Limited in its purchase of the entire issued share capital in Packetstream Data Networks Limited.
  • Acting for International Gold Explorations AB and Gold Mineral Resources Limited in the friendly sale of shares in Kilimapesa Gold Pty Limited.
  • Advising American International Group (AIG) on the acquisition of their Kenyan subsidiary, AIG Global Investments Copmany (EA) Limited, by Pinebridge Global LLC.
  • Acting for the Kenya Women’s Finance Trust in its transfer of assets to the Kenya Women’s Finance Trust Deposit Taking Microfinance Business pursuant to the requirements of the Micro Finance Act.
  • Acting for EABS Bank Limited in its strategic sale to Ecobank Transnational Limited to become Ecobank Kenya Limited.
  • Acting for Stagecoach U.K. on the acquisition and subsequent sale Kenya Bus Services Kenya Limited.
  • Acting for Safaricom Limited in its acquisition of One Communications Limited, by way of share purchase, share subscription and shareholders agreement and adoption of new articles of association.
  • Acting for Scangroup Limited on their various acquisitions including their acquisition of Red Sky Limited, Scangroup Limited’s joint venture with Millward Brown UK Limited for investment in West Africa, their joint venture with the WPP Group in setting up a public relations business under the name Hill & Knowlton East Africa Limited, the investment by the WPP Group for new shares in Scangroup Limited, and the purchase of 50% of the issued share capital of Ogilvy East Africa Limited and O&M Africa BV all involving the procurement of all necessary Monopolies, Capital Markets and other Governmental approvals.
  • Acting for Telkom South Africa Limited on their due diligence and bid for 51% Telkom Kenya Limited.
  • Acting for Agility Logistics Limited on their acquisition of Star Freight Logistics Limited.
  • Acting for De La Rue Plc on the establishment of their Kenyan EPZ located currency and security print plant and joint venture negotiations with the Government.
  • Acting Karuturi Networks Limited on their successful takeover of the Sher group of companies – one of the biggest rose farms in the world.
  • Acting for BOC Kenya Limited in respect of their proposed takeover of Carbacid Investments Limited.
  • Acting for Lonrho Africa Plc on the sale of Lonrho Hotels Kenya.
  • Acting for CFAO on its acquisition of D.T. Dobie Co. Kenya.
  • Acting for Coca Cola Sabco Limited on its acquisition of Flamingo Bottlers and East Kenya Bottlers.
  • Acting for the Unga Group in relation to the strategic investment by Seaboard Corporation.
  • Acting for Coca Cola (Africa) Limited on its proposed acquisition of shares and debt in a bottling plant and drafting and advising upon the novation and assignment of debts and securities pursuant to the sale agreements.
  • Acting for Howse and McGeorge Limited, a major pharmaceutical business in Kenya in connection with the disposal of its pharmaceutical business and the establishment of a joint venture company for the running of the business.
  • Acting for the Tamarind Group on the establishment of a joint venture company for the operation of several of their restaurants.
  • Acting for Old Mutual Managers Limited on their acquisition from Barclays Bank PLC of Barclay Trust Investments Limited.
  • Acting for Barclays Bank of Kenya Limited on its acquisition of the Barclays Plc custodian business.Acting for Goldsmith Seeds of California on the sale of their Kenyan subsidiary company.
  • Acting for FCL Holdings on the acquisition of Farmers Choice Limited.
  • Advising on the acquisition of Ol Pejeta Ranching Limited.
  • Advising on the Kenyan implications of the de-merger and reconstruction of Lonrho PLC, including all preparation for the London Listing of Lonrho Africa plc.

Acting on various mergers including:

(a) Glaxo Kenya with Welcome Kenya
(b) Pfizer with Warner Lambert
(c) The Heritage Insurance Co. with Africa International Insurance Co.
(d) The Union Insurance Co. with the Provincial Insurance Co.
(e) Ambank into NIC Bank
(f) Commerce Bank with Giro Bank
(g) Universal Bank with Paramount Bank; and
(h) Credit Finance Corporation with CFC Bank