The Act on the amendment to the Civil and Commercial Code to introduce a merger will take effect on 7 February 2023. The new merger scheme is expected to add flexibility to the process of business integration. Read more…
The Parliament has now approved the amendment to the Civil and Commercial Code to introduce a “merger” (Company A + Company B = Company A or Company B) as another method of business integration. With the amendment to be effective after the lapse of 90 days from the publication date in the Government Gazette, we expect the new merger regime to be available at the beginning of 2023. Read more…
Sustainability and ESG (environment, social and governance) factors are becoming more and more important in M&A strategies. Planning for an M&A requires deeper consideration about ESG disruptions and necessitates participants to take into account emerging issues caused by or related to ESG or disruption arising from the climate change challenges. In this article, we discuss some issues, including pricing, due diligence, representations and warranties, and post-closing obligations, which will add complexity to how an M&A…