1. Kenya has experienced a substantial increase in mergers and acquisition activity during the period in the recent past. The Deal Drivers Africa Report, published by Merger market, ranked Kenya as Africas fourth most sought-after country for mergers and acquisitions. This was mostly in the consumer and information technology sectors. This increased merger activity has been supported by a dynamic legal and regulatory framework. The following laws play an important role in providing for and regulating mergers and acquisitions in Kenya.

1. Competition Act (Chapter 504 of the laws of Kenya)
2. Companies Act (Chapter 486 of the laws of Kenya)
3. COMESA Competition Rules
4. Capital Markets (Takeovers and Mergers) Regulations 2002 (Takeover Regulations)
5. Capital Markets Act (Chapter 485A of the Laws of Kenya)

Briefly discuss the above laws as regards to regulating mergers and acquisitions in Kenya

Forms of funding for mergers are very different. In these purposes all tools of the financial market, both money resources, and bonds, up to a various sort of combinations of securities can practically be used. Financing of the operations which are connected with corporate decisions on M&A largely defines how the transaction will be carried out. The choice of a source and scheme of financing directly defines the financial leverage of a corporation from the purchasing side. The basic problem in the issue of M&A financing is an issue of repayment of the funds invested. This cornerstone of all financial questions began to attract more attention recently in connection with failures which are more often beginning to occur with this type of transaction. On the agenda, there were two widely discussed questions which are very similar in content: how to determine whether the additional value will be created as a result of an acquisition, and what factors can lead to a failure of the transaction. Discuss the factors that determine the sources of financing and means of financing in mergers and acquisitions