NAMIBIAN MERGER NOTIFICATION THRESHOLDS PROMULGATED

Monday, December 10, 2012
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The thresholds for mandatory merger notifications to the Namibian Competition Commission were promulgated on 7 December 2012 in Government Notice 288 of 2012. A transaction will only need to be notified to and approved by the Namibian Competition Commission if the parties to the merger have combined assets in Namibia or turnover in, into or from Namibia of N$20 million and the target undertaking has assets in Namibia or turnover in, into or from Namibia of N$10 million.

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