STRUCTURE AND PROCESS, LEGAL REGULATION AND CONSENTS
Structure
How are acquisitions and disposals of privately owned companies, businesses or assets structured in your jurisdiction? What might a typical transaction process involve and how long does it usually take?
The General Law 479-08 for Companies and Limited Liability Individual Enterprises (the Company Law) establishes different business combinations, allowing companies to gain control over other companies via a direct acquisition, a spin-off or by joining forces with a competing company through a merger or special purpose vehicle. The timeline depends on the agreement that the parties have reached regarding the valuation of the acquisition target or of both companies involved.
Published in Lexology Getting The Deal Through – Private M&A 2023