• Mergers, Acquisitions, Disposals and Establishment of New Subsidiaries

    • BR-2.3.15

      A Bahraini investment firm licensee incorporated in Bahrain must seek CBB approval and give reasonable advance notice of its intention to:

      (a) Enter into a merger with another undertaking;
      (b) Enter into a proposed acquisition, disposal or establishment of a new subsidiary undertaking; or
      (c) Open a new place of business as a subsidiary undertaking, a branch or a representative office within the Kingdom of Bahrain or other jurisdiction.
      Amended: January 2020
      Amended: April 2011
      Amended: October 2009
      Adopted: July 2007

    • BR-2.3.16

      In order to comply with requirements of Paragraph BR-2.3.15, investment firm licensees should refer to the requirements of Chapter GR-10.

      Amended: April 2011
      Amended: October 2009
      Adopted: July 2007

    • BR-2.3.17

      [This Paragraph was moved to GR-10.1.5].

      Amended: April 2011
      Amended: October 2009
      Adopted: July 2007