Regulatory Alerts2022-01-31
Proposed Amendments to Take-overs, Mergers and Acquisitions Module
The Capital Markets Authority of Bahrain (CBB) has issued proposed amendments to its Take-overs, Mergers and Acquisitions Module that lower the compulsory acquisition threshold to 90 percent, introduce flexible settlement mechanisms, and establish objective independence criteria for professional advisers. These revisions streamline the appointment process, reduce restrictions on international advisors, and ensure robust conflict-of-interest assessments for corporate finance transactions. The updated framework enhances transparency and bargaining power for licensees while maintaining rigorous standards for fair valuation and advisory quality.
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