Corporate & Commercial Practice
At TripleOKLaw, we strive to empower our clients to traverse the intricate world of corporate and commercial law with confidence and proficiency.
We excel in crafting tailored legal solutions for a diverse clientele, including state corporations, local and international companies, and individuals. Our expertise enables businesses to manage complex commercial transactions, whether in their local markets or across borders.
Our vast experience in corporate and commercial law has positioned us as the preferred partner for a wide array of clients, ranging from start-ups and SMEs to large multinational corporations. We have sharpened our skills across various sectors such as Construction, Financial Services, Health & Life Sciences and Manufacturing, ensuring we deliver the insightful, practical advice required to prosper in today’s competitive and rapidly evolving business landscape.
Accolades
- Highly Ranked: Commercial, Corporate, and M&A, The Legal 500 EMEA 2023
- Highly Ranked: M&A, IFLR1000 2022
Corporate & Commercial Practice Team
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Services
- Capital Markets Regulation
- Structured Finance
- Compliance advisory
- Compliance Litigation
- Company Acquisitions and Dispositions
- Corporate Structuring
- Corporate Governance
- Mergers and Acquisitions (M&A)
- Competition Advisory
- Insurance
- Private Equity
- Insolvency and Restructuring
- Telecommunications, Media, & Technology
- Real Estate, Banking & Finance
- Dispute Resolution
- Debt Recovery
- Climate Change & Sustainability
- Energy & Natural Resources
Key Matters
1. Savannah Clinker Limited
In connection with the issuance of a bond of up to a maximum face value of USD 485 million (KES 65.4 billion) on the Estates and Infrastructure Exchange in the City of London.
2. Leapfrog Investments Healthcare Opportunities Holdings
In the sale of nearly 30% of its stake valued at USD 20 million (KES 2.5 billion) in Goodlife Pharmacies (East Africa’s leading healthcare and retail pharmacy chain). The stake was sold to Eurapharma (CFAO Healthcare), the healthcare division of the CFAO Group.
3. Siginon Group Limited
(A shareholder of Mahathi Infra Limited, a company incorporated in Uganda) in the issuance of a debenture securing a sum of USD 100 million (KES 13.5 billion) to Mahathi Infra Limited.
4. A consortium of lenders
(Including Cooperative Bank of Kenya, one of the country’s largest lenders), in connection with the restructuring of a debt owed by an insolvent manufacturing company, Kaluworks Limited. The debt amounted to USD 93.3 million (KES 12.6 billion). The work involved the structuring of a comprehensive turnaround strategy resulting in one of the few success stories of companies in Kenya that have come out of administration through a viable workaround.
5. China Sichuan Corporation for Techno-Economic Cooperation (SIETCO)
In structuring project finance for a large-scale real estate development known as Wanho Jacaranda Gardens Estate. The development was built on 8.013 hectares of land consisting of 840 apartment units, a clubhouse, a kindergarten, and a shopping mall valued at USD 83 million (KES 11.5 billion). This is currently the largest known development project to be undertaken by a multinational investment entity.
6. Acorn Holdings Limited (Acorn)
(A leading real estate developer and the largest institutional investor in rental housing in East Africa) in the establishment of the region’s first USD 52 million (KES 6.53 billion) Income Real Estate Investment Trust(I-REIT) fund. The fund was the first issuance to list on the Over-the-Counter platform segment of the Nairobi Securities Exchange.
7. Acorn Holdings Limited (Acorn)
In the establishment of the world’s first USD 52 million (KES 6.53 billion) Development Real Estate Investment Trust fund.
8. World Bank Group
On the regulatory considerations for the implementation of the first phase of the USD 350 million (KES 49.1 billion) Kenya Digital Economy Acceleration Program.
9. The largest aviation cargo management company in Kenya with operations in Tanzania and Uganda
On a USD 40 million (KES 5.4 billion) cross-border acquisition by NAS, a subsidiary of Kuwait-based logistics giant Agility.
10. Acorn Investment Management Limited (AIML)
On the development of Vuka, a revolutionary retail investment platform. Vuka is a retail investment product that allows qualified retail investors to invest in Acorn’s Student Accommodation Income Real Estate Investment REIT (ASA I-REIT) valued at USD 29.9 million (KES 4.04 billion).
11. A consortium of leading Kenyan general insurance companies
In structuring a USD 29.63 billion (KES 4 billion) syndicated co-insurance and facultative reinsurance scheme.
12. Goodlife Pharmacies
(A leader in the African pharmaceutical market) on a cross-border USD 12 million (KES 1.62 billion) mezzanine debt investment by Proparco, (a French development finance institution).