Stephen Kennedy-Good is a corporate, mergers and acquisitions lawyer based in Johannesburg. Stephen's areas of practice include mergers and acquisitions, and general transactional work.
During 2010, Stephen assisted Anglo Platinum Limited with their rights offer valued at R12.5 billion which, at the time, was the largest rights offer in the history of South Africa. He also advised the RTT Group in regard to their capital restructuring exercise which was partly implemented by way of two inter-conditional schemes of arrangement. In 2011, he assisted SacOil Holdings Limited with their secondary listing on the Alternative Investment Market of the London Stock Exchange.
He has a keen interest in company law and has presented a number of papers relating to the Companies Act of 2008 and corporate governance to some of South Africa’s major banking, auditing and regulatory institutions. He is also a contributory author to Directors Liability and Indemnification: A Global Guide, Second Edition.
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.
Selected client work
- Acted for Absa Bank Limited in relation to its acquisition of Edcon’s store card book for R10 billion.
- Acted for Alliance Grain Traders Inc. (listed on the Toronto Stock Exchange) in relation to its acquisition of Advance Seed Proprietary Limited.
- Acted for Cepheid (listed on Nasdaq) in relation to its acquisition of Pro-Gen Diagnostics Proprietary Limited.
- Acted for ConvergeNet Holdings Limited (listed on the Johannesburg Stock Exchange) (ConvergeNet) in relation 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) in relation 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) in relation to the 20 locomotives.
- Acted for Grindrod Limited (listed on the Johannesburg Stock Exchange) in relation to the construction and back-to-back lease arrangements for 14 locomotives to African Railway and Port Services (SL) Limited.