By: Nghiinomenwa-vali Hangala
Of the 11 mergers and acquisition applications approved between April and May 2026, six were for conglomerate mergers.
This is according to the updates (merger notification) from the Namibia Competition Commission (NaCC) this week.
The acquisitions also involve foreign companies acquiring local assets or companies in various sectors.
A conglomerate merger occurs when the parties/companies in the transaction do not compete or supply each other (which means that there are not horizontal or vertical competition concerns).
Conglomerate mergers, unlike certain horizontal and vertical mergers, do not raise conventional competition concerns; in most cases, conglomerate mergers are done to create synergies between companies.
Comments