Mergers & Acquisitions

HHM Mergers and Acquisition
  • Advising on the takeover of CMC Motors Holdings by Al-Futtaim and the delisting of the Company from the Nairobi Securities Exchange. The takeover offer by Al Futtaim was reported by Reuters as being “…one of the biggest inflows of foreign investment into the Kenyan economy this year and showed the increasing attractiveness of African companies to firms looking to expand in the continent…”
  • Advising Mauritius Union Insurance CY Ltd on its acquisition of 100% of the issued capital of Phoenix Transafrica Holdings Limited, the holding company of Phoenix of East Africa Insurance Company.
  • Advising Genesis Kenya Investment Management Limited which is a subsidiary of the UK firm, Genesis investment Management LLP in an acquisition of its shares by a listed local investment firm-Centum Investments Limited.
  • Advising Times Media (Pty) Limited, a publicly traded South African media company in its acquisition of 49% stake in one of Kenya’s largest media companies in Kenya.