What are the legal provisions for two companies to mege?

[Fidelia]

Companies merge for different reasons. Some do it for becoming a stronger force while others merge to save a failing business.

What is the law regarding business mergers in your country? How can two companies legally carry out a merger seamlessly in your country?

 

[Suba]

According to civil law rules in my country, a merger between two public companies must meet the requirements or not aim to monopolize the market or create unfair competition. Apart from that, each company that will carry out a merger must settle all their debts first. Prepare a merger plan which must be submitted to the board of commissioners at the general meeting of shareholders. Carrying out Due Diligence including legal due diligence, financial due diligence and tax due diligence. Make a Deed of Merger with a Notary and then announce the company merger in the newspaper.

 

[Passionate-writer]

Companies merge for different reasons. Some do it for becoming a stronger force while others merge to save a failing business.

What is the law regarding business mergers in your country? How can two companies legally carry out a merger seamlessly in your country?

This may depend entirely on the kind of laws in some countries. In a developed country, there may be many complications that may involve merging two companies. You have to fulfil many requirements. You may also need to hire a lawyer for that.