Corporate M and A 2026

MAURITIUS Law and Practice Contributed by: Shalinee Dreepaul Halkhoree, Ankusha Nathoo-Lallah and Namrata Jeewooth, Juristconsult Chambers (DLA Piper Africa)

Juristconsult Chambers (DLA Piper Africa) Level 12 NeXTeracom Tower II Ebene 72201 Mauritius

Tel: +230 465 0020 Fax: +230 465 0021 Web: www.juristconsult.com

1. Trends 1.1 M&A Market

Fintech This sector continues to attract investment, with Mauritius‑based structures frequently used for digi - tal, sustainability‑focused and tech‑enabled platforms operating across the region. Renewable Energy Activity in this sector remains steady, supported by debt and equity funding into renewable energy, utili - ties and development platforms structured through Mauritius. 2. Overview of Regulatory Field 2.1 Acquiring a Company A company in Mauritius may be acquired through sev - eral methods, including: • agreement between private parties, involving either a share purchase or an asset purchase; • statutory amalgamations pursuant to the Compa - nies Act 2001, where two companies merge and either one survives or a completely new company is created; • court-ordered amalgamations, where the Supreme Court approves the merger of two or more compa - nies; • schemes of arrangement, which must be sanc - tioned by the Supreme Court of Mauritius; • acquisition of shares on the stock exchange; and • takeover offers under the Securities (Takeover) Rules 2010 (the “Takeover Rules”), allowing an offeror to obtain effective control of a “report -

There has been a marked increase in the M&A mar - ket compared to 12 months ago, driven primarily by a sharp rise in high-value, cross-border transactions alongside a steadier level of domestic activity. 1.2 Key Trends Digitalisation, fintech and ESG have emerged as the defining trends in Mauritius in the past 12 months. Prominent attention has also been directed towards fiscal transparency and wealth planning. 1.3 Key Industries The industries that experienced increased M&A activ - ity in 2025 include financial services, real estate, min - ing, fintech and renewable energy. Financial Services This sector has remained quite active. The insurance sector, which forms part of the financial services industry, has seen significant M&A. Real Estate This sector saw significant activity driven by large- scale property and diplomatic housing mergers, reflecting continued investor interest in real estate assets and specialised accommodation portfolios. Mining Mining transactions remained active, with notable stake sales involving Mauritius‑linked holding struc - tures, supported by strong demand for critical miner - als and cross‑border consolidation.

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