Mergers,
Acquisitions and Takeovers

Overview:

Welcome to the hub of Mergers, Acquisitions, and Takeovers information from the Nigerian Securities and Exchange Commission. Whether you're diving into the process or seeking regulatory insights, we've got you covered.

MERGERS AND ACQUISITIONS CHECKLISTS

Filing Process: Navigate the seamless process of mergers and acquisitions with our comprehensive checklist. From filing documents to approval timelines, we've got you covered. Additional details can be explored here.

Key Information: The Commission may request additional documents, and certain documents need not be refiled. Our detailed table fields guide you through services, fees, timelines, approval modes, and requirements. For an in-depth exploration, click here.

M&A TRANSACTION FAQs

Notifiable Thresholds: Explore the complexities of M&A transactions, including definitions of thresholds, notification criteria, and how to determine if parties meet the threshold. Dive into the details here.

Notification Process: Understand the mandatory vs. voluntary notifications, the process of making notifications, and the reviewability of non-notifiable mergers. For a deeper understanding, read more here.

Corporate Restructuring: From definitions to examples, notification requirements, and the holding company exception, explore the intricacies here.

Acquisitions Regulation: Learn about the types of acquisitions regulated, control criteria, and the Commission's purview. Discover more here.

NEW MERGER REGIME FAQs

Role of the Commission: Stay informed about the new merger regime with our frequently asked questions. Understand the Commission's focus on capital market regulation and the duties of public companies involving the Commission. To explore more, click here.

Double Approval Clarification: Clarify any doubts about double approval for the same transaction. Understand the distinct roles of the Commission and the Federal Competition & Consumer Protection Commission (FCCPC). Dive deeper here.

Implications of Public Listed Company Acquisition: Explore the implications of transactions resulting in the acquisition of control of a public listed company. Learn about the continued enforcement of takeover provisions and monitoring of public company share acquisitions here.

No Objection/Formal Approval Process: Understand when to obtain No Objection/Formal Approval, the handling of corporate restructurings, and existing applicable fees. Get the details here.

RULES AND REGULATIONS

New Rules and Amendments (August 30, 2021): Stay abreast of the regulatory landscape with our detailed insights into recent rules and amendments. Emphasis on fairness in mergers, takeovers, and acquisitions. Get the details here.