In Kuwait
Regulatory changes: David Walker, Partner, ASAR Legal, on the impact of new laws on the operations of foreign and local companies
Interview: David Walker, Partner, ASAR Legal
What are the legal considerations and challenges facing mergers and acquisitions (M&A) in Kuwait?
DAVID WALKER: Organisations engaging in M&A in Kuwait need to be particularly mindful of, among other things, foreign ownership restrictions and Competition Law considerations. There is a general requirement that at least 51% of a company’s shares need to be held by individual or corporate Kuwaiti nationals. While there are certain except…
