Equity participation refers to the ownership of shares in a company. There has been changes in the Kenyan equity participation over the years. In 2006, it was required that companies providing broadcasting and telecommunication services have 30% local equity participation. In 2008, the local equity participation requirement for ICT firms reduced to 20% but was retained at 30% for broadcasting…
This is a continuation of What you need to know about Mergers & Acquisitions Introduction A merger is defined as a voluntary amalgamation of two firms on roughly equal terms into one new legal entity. The decision is usually mutual between the two companies and geared towards enjoying greater economies of scale and becoming more competitive. Acquisition is where a…
In news making headlines in the recent past, a doctor in Nairobi committed suicide. This caught the eye of many, seeing that she was considered successful in many respects, and would thus not be expected to take such drastic measures. This brings to light the conversation on mental health and its place in the healthcare system in Kenya. The World…
In the course of carrying out normal business by companies, stakeholders sometimes develop an interest or need to join forces with other business entities. This interest or need may be actualized through a merger or an acquisition. What are mergers and acquisitions? A merger is a business structure change where one entity combines its business activities with another to form…
DUE DILIGENCE IN HOME AND PROPERTY OWNERSHIP Many of us get excited when we have finally managed to save up money and have identified a piece of property we would like to purchase. We however fail to do a background check on what we are buying, hence exposing us to the risk of being conned. This background check is referred…
MMS Advocates is a Kenyan corporate and commercial law firm providing legal representation, legal advice and transactional services to a considerable range of local and international clients.
