Kevin, Head of Corporate – South Africa, is a commercial lawyer based in Johannesburg.
He is one of the most respected corporate lawyers in South Africa, having acted for well-known South African mining and industrial groups and for various South African and international banks. He specialises in mergers and acquisitions, banking and finance work, general commercial and corporate work, tax and financial services. He also advises on related exchange control matters.
Kevin is regularly listed as a leading corporate and banking lawyer in IFLR1000, Who’s Who, Legal500 and Chambers Global. He has been referred to by Chambers Global 2012 with ‘strong commercial knowledge and excellent experience’. IFLR1000 refers to Kevin as a ‘well reputed individual practitioner who is noted by peers and clients as one of the top M&A lawyers’. Included in the ranking is a quote from a competitor being: ‘Cron is a brilliant M&A and all-round corporate lawyer’. In 2014 and 2015 Chambers Global ranked Kevin in Band 1 for corporate, mergers and acquisitions and added that "Head of corporate Kevin Cron is a driving force of the practice and leads many of the firm's standout M&A deals. Sources regard him as "one of the most respected corporate attorneys in South Africa" and he is lauded for his excellent technical abilities and diligent approach". Kevin was recently nominated by his peers as one of the world’s leading practitioners in the field of Corporate Governance as per research conducted by Who’s Who Legal in 2014. He is also listed as a recommended corporate, M&A and mining lawyer in legal500, 2015.
Kevin has extensive corporate experience and has been involved in major transactions in this field for over 30 years. He recently advised Goldman Sachs as underwriter in relation to its underwriting of a rights offer by African Bank Investments Limited in an amount of ZAR4 billion. Kevin recently advised Barclays on the sale by Barclays to Absa of eight banking business in Africa, a deal valued at ZAR18.3 billion. He has also advised Exxaro Resources Ltd on the disposal of mineral sands assets to Tronox in a deal valued at US$3.4 billion and is currently advising on the acquisition by Exxaro of Total Coal South Africa (deal value US$472 million, being approximately ZAR5 billion). He is advising Absa on the acquisition of the store card book of Edcon in South Africa, Namibia, Botswana, Swaziland and Lesotho, in a deal valued in excess of ZAR10 billion. Kevin also advised Exxaro Resources limited on acquisition of Total Coal South Africa (Pty) Listed from Total SA’.
Kevin has extensive experience in financial transactions and has represented financial institutions both locally and internationally including Barclays, FirstRand, Standard Bank, Investec, Citigroup, Nedbank, Absa, JP Morgan Chase, Bank of America Merrill Lynch, Goldman Sachs, Deutsche Bank and others. He has also acted for clients such as Anglo American, De Beers, Sandvik, Intralot, Rio Tinto, Actis Private Equity, Ethos Private Equity, Exxaro, Kumba and other well-known multinational and South African corporations.
Kevin holds degrees in Bachelor of Commerce, Bachelor of Laws and a Master of Laws (Tax) from the University of the Witwatersrand. He started his working career as a candidate attorney at the practice and was admitted as an attorney, notary, and conveyancer in January 1982. He is a member of the Law Societies of the Northern Provinces, KwaZulu-Natal and Cape Provinces and is a member of the company law committee of the council of the Law Society of the Northern Provinces.
The South African Exchange Control Regulations administered by the Financial Surveillance Department of the South African Reserve Bank (FinSurv), regulate the flow o.
March 19, 2015
The JSE Limited (JSE) is currently the only licensed securities ‘exchange’ in terms of the Financial Markets Act in South Africa. .
March 19, 2015
For the fourth consecutive year, we have been recognised as the most highly regarded law firm for mining by Who’s Who Legal 2015..
January 30, 2015
In a recent article on Mining Weekly, Kevin and Georg comment on the challenges faced by the mining industry..
January 30, 2015