Stephen Kennedy-Good

Director
Norton Rose Fulbright South Africa Inc

Johannesburg
South Africa
T:+27 11 685 8866
Johannesburg
South Africa
T:+27 11 685 8866
Stephen Kennedy-Good

Stephen Kennedy-Good

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Biography

Stephen Kennedy-Good is a corporate, M&A lawyer based in Johannesburg.

Stephen's areas of practice include M&A and general transactional work and he also advises on related exchange control matters. He has extensive experience of drafting and negotiating shareholder agreements, memoranda of incorporation, joint venture agreements, acquisition agreements and implementation agreements. He also regularly undertakes corporate due diligence reviews and takes responsibility for the drafting of the consequent due diligence reports.

Stephen has been widely recognised for his outstanding service to his clients, and was chosen as the exclusive winner of the general corporate category for South Africa in International Law Office (ILO) Client Choice Awards 2015. His service has been lauded as "outstanding", and he has been described as having the ability to drive "a lot of difficult issues" "under really tight deadlines".

He has a keen interest in company law and has presented a number of papers on the Companies Act of 2008 and corporate governance to some of South Africa's major banking, auditing and regulatory institutions. He regularly advises clients on corporate law, corporate governance and regulatory issues arising out of the JSE Listings Requirements. He is also a contributory author to Directors Liability and Indemnification: A Global Guide, Third Edition, Doing Business in the BRICS: A Practical Legal HandbookChambers Legal Practice Guides: Corporate M&A, Employee Share Plans in South Africa: Regulatory overview and Joint ventures in South Africa: overview (Thomson Reuters Practical Law).


Professional experience

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  • Stephen holds a LLB degree (cum laude) from the Nelson Mandela Metropolitan University and, whilst practising, he completed his Master of Laws degree in Commercial Law at the University of Cape Town.
  • Attorney and Public Notary, qualified in South Africa
  • Acted for PSP Investments in relation to the sale of its interest in 7 development properties in South Africa to Transcend Limited (listed on the JSE)
  • Acted for European Quality Housewares Ltd relative to its acquisition of shares in New Wechsler Proprietary Limited
  • Acted for PAREXEL International Corporation on the sale of its interest in FARMOVS PAREXEL Proprietary Limited to the University of the Free State
  • Acted for Firmenich Proprietary Limited relative to its acquisition of Flavourome Proprietary Limited
  • Acted for Fairfax Africa Investments Proprietary Limited relative to the partial offer made to acquire shares representing a value of R2bn of the issued share capital of PPC Limited.
  • Acted for Woolworths Holdings Limited relative to its proposed acquisition of a business (target confidential)
  • Acted for Rockwood Private Equity Proprietary Limited relative to its proposed acquisition of a business (target confidential)
  • Acted for Aveng Limited on the sale of a 70% interest in their industrial property portfolio to the Collins Group
  • Acted for Atlas Tower Proprietary Limited relative to its establishment of a business presence in South Africa
  • Acted for Clean Energy Africa Investments Proprietary Limited relative to its acquisition of an interest in PowerX Proprietary Limited
  • Acted for Spring Lights Gas relative to its gas supply arrangements concluded with Sasol Limited
  • Acted for BAE Systems on the sale of its holding in BAE Systems Land Systems South Africa Proprietary Limited to Denel (SOC) Limited
  • Acted for AgriGroupe Holdings Proprietary Limited relative to the takeover offer made by AgriGroupe by way of a scheme of arrangement to acquire all of the shares of AFGRI Limited, listed on the Johannesburg Stock Exchange
  • Acted for Absa Bank Limited relative to its acquisition of Edcon's store card book for ZAR10bn
  • Acted for Alliance Grain Traders Inc. (listed on the Toronto Stock Exchange) relative to its acquisition of Advance Seed Proprietary Limited
  • Acted for Cepheid (listed on Nasdaq) relative to its acquisition of Pro-Gen Diagnostics Proprietary Limited
  • Acted for ConvergeNet Holdings Limited (listed on the Johannesburg Stock Exchange) (ConvergeNet) relative to the acquisition by ConvergeNet Management Services Proprietary Limited of shares held by Titan Share Dealers Proprietary Limited in the issued share capital of ConvergeNet.
  • Acted for Grindrod Limited (listed on the Johannesburg Stock Exchange) relative to (i) the construction and back-to-back lease arrangements for 20 locomotives to African Railway and Port Services (SL) Limited and (ii) the structured cross-border restructuring (novation and transfer of assets / obligations) relative to the 20 locomotives.
  • Acted for Grindrod Limited (listed on the Johannesburg Stock Exchange) relative to the construction and back-to-back lease arrangements for 14 locomotives to African Railway and Port Services (SL) Limited.
  • Acted for Omidyar Network Services LLP relative to its acquisition of an equity interest in Altius Trading 437 Proprietary Limited (trading as "Bozza").
  • Acted for Industrial Development Corporation of South Africa relative to the takeover offer made on behalf of Naledi Foundry of Republic of South Africa to acquire all of the shares of Dorbyl Limited, listed on the Johannesburg Stock Exchange.
  • Acted for Old Mutual Life Assurance Company (South Africa) Limited relative to its investment in a solar project located over Portion 1 of the Remainder of Portion 1 of the farm Kwartels Pan No 25 division Hopetown, Northern Cape, with an estimated capacity of 10 megawatts, known as "The Greefspan Project".
  • Acted for Old Mutual Life Assurance Company (South Africa) Limited relative to its investment in a solar project located over Portion 50 and 51 of the farm Atherton no 82, Herbert District, with an estimated capacity of 20 megawatts, known as "The Herbert Project".
  • Acted for Old Mutual Life Assurance Company (South Africa) Limited relative to its investment in a wind project located at Van Stadens in Nelson Mandela Bay, Eastern Cape, with an estimated capacity of 27 megawatts, known as "The Metrowind Project".
  • Acted for Nedbank Limited in its capacity as Lender relative to a wind project located at Farm 787, Humansdorp, Eastern Cape, with an estimated capacity of 95 megawatts, known as "The Tsitsikamma Project".
  • Acted for SacOil Holdings Limited relative to its secondary listing on the Alternative Investment Market of the London Stock Exchange.
  • Acted for RTT Group relative to its capital restructuring exercise which was partly implemented by way of two inter-conditional schemes of arrangement.
  • Acted for Anglo Platinum Limited relative to its rights offer valued at ZAR12.5 billion which, at the time, was the largest rights offer in the history of South Africa.
 
  • English