Successful M&A transactions in Jordan require early mapping of sector-specific regulatory approvals, robust due diligence regarding undisclosed social security and tax liabilities, and precise alignment between international SPA standards and mandatory Jordanian corporate laws.
1. Structuring the Transaction: Share Purchases vs Asset Deals
While share acquisitions remain the predominant structure for corporate buyouts in Jordan, asset transactions are frequently deployed when acquirers seek to isolate legacy tax or labour litigation exposures. In share purchases of Private Shareholding Companies (PSCs), parties enjoy greater flexibility to draft customized shareholder agreements and liquidation preferences.
2. Merger Control & Antitrust Clearances
Under the Jordanian Competition Law No. 33 of 2004 (as amended), transactions resulting in economic concentration where the participating parties exceed a combined market share of 40% require prior notification and non-objection clearance from the Ministry of Industry and Trade.
This content is provided for general informational purposes only and does not constitute formal legal advice. For specific mandates, consult our attorneys directly.
Ahmad Al-Khatib
Managing Partner | Head of Corporate & Transactions
Ahmad is the Managing Partner of ASLA Law Firm with over 20 years of experience advising multinational corporations, private equity funds, and sovereign entities on complex M&A, cross-border investments, and energy infrastructure in Jordan and the MENA region.
View Full Profile