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GAZETTE NOTICE NO. 1306

GAZETTE NOTICE NO. 1306

THE COMPETITION ACT

PROPOSED ACQUISITION

IN EXERCISE of the powers conferred upon the Competition Authority by section 42 (1) of the Competition Act, the Authority excludes the proposed acquisition of 72% of the issued share capital of Chemserve Cleaning Services Limited by Eye Level Exposure Limited from Part IV of the Act due to the following reasons— the transaction will not affect competition negatively; and the acquiring undertaking's turnover for the preceding year, 2016 was KSh. 44,574,772.00 while that of the target was KSh. 93,502,132.00. Therefore the combined turnover of KSh. 138,076,904.00 is below the required merger threshold for mandatory notification as provided in the Merger Threshold Guidelines. Dated the 16th December, 2016. CLEOPA MAILU, Cabinet Secretary for Health. Dated the 26th January, 2017. WANG'OMBE KARIUKI, Director-General.

Dated the 16th December, 2017.

CLEOPA MAILU,

Cabinet Secretary for Health.

Extracted Entities (1)

previous_gazette_ref

1306

Details

Act / Legislation
THE COMPETITION ACT
Signed By
CLEOPA MAILU
Title
Cabinet Secretary for Health
Date Signed
16th December 2017
Page
2
Extraction Method
regex

Source Gazette

Vol. CXIX No. 20

Published 6th January 2017