• Mergers, Acquisitions, Disposals and Establishment of New Subsidiaries

    • BR-2.3.11

      A licensee incorporated in Bahrain must seek CBB approval and give reasonable advance notice of its intention to enter into a:

      (a) Merger with another undertaking; or
      (b) Proposed acquisition, disposal or establishment of a new subsidiary undertaking.
      Amended: January 2020
      Added: May 2011

    • BR-2.3.12

      Licensees will also need to consider the implications of a merger, acquisition, disposal or establishment of a new subsidiary undertaking in the context of the controllers and close links rules set out in Module GR.

      May 2011