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THE IMPORTANCE OF ACCESS CONDITIONS IN VERTICAL MERGERS: VEHICLE ASSEMBLY IN KENYA

THE IMPORTANCE OF ACCESS CONDITIONS IN VERTICAL MERGERS: VEHICLE ASSEMBLY IN KENYA

On 29 August 2017, the Competition Authority of Kenya (CAK) approved with conditions the proposed acquisition of Associated Vehicle Assemblers Limited (AVA) by Simba Corporation Limited (Simba Corp). The approved merger sees the acquisition of an additional 50% of the shares in AVA which were previously controlled by Marshalls East Africa Limited (Marshalls).