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published
SEPTEMBER
19,
2011 |
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CMS
publishes
Guide
to
Cross-Border
Mergers
and
online
transaction
planner |
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International
legal
and
tax
advisors
CMS
have
published
the
"CMS
Guide
to
Cross-Border
Mergers",
an
overview
of
the
requirements
and
implications
of
cross-border
mergers.
Covering
17
countries
in
Europe,
the
publication
anticipates
a
continued
upswing
in
the
number
of
such
transactions.
"A
lot
of
Legal
and
Corporate
Development
departments
in
multinational
companies
are
currently
considering
restructuring
under
corporate
law
in
order
to
reduce
administrative
expenses,"
said
Thomas
Meyding,
Head
of
the
CMS
Corporate
Practice.
"Now
that
legislation
in
Europe
relating
to
cross-border
mergers
has
been
standardised
and
it
is
easier
to
plan
a
merger
with
greater
certainty,
we
are
seeing
increased
client
activity
in
this
area
and
expect
the
number
of
intra-group
cross-border
mergers
to
rise."
"Standardisation
of
the
law
on
cross-border
mergers
of
limited
liability
companies
from
different
Member
States
of
the
EU
has
made
it
easier
to
implement
cross-border
mergers
within
the
EU.
National
legislation
in
the
respective
countries
nevertheless
continues
to
apply,
and
this
still
leads
to
differing
procedures
in
each
of
the
EU
Member
States,"
Meyding
continues.
"As
a
result,
businesses
need
to
be
aware
of
legal
requirements
in
each
respective
country
before
embarking
on a
deal."
To
help,
the
CMS
Guide
to
Cross-Border
Mergers
offers
a
simple,
but
in-depth
analysis
of
the
legal
framework.
The
publication
is
enhanced
by a
digital
Online
Planner.
The
Guide,
along
with
its
accompanying
digital
Online
Planner
tool,
allows
businesses
contemplating
a
cross-border
merger
in
Europe
to
quickly
and
easily
determine
if a
merger
is
possible
and,
if
so,
what
requirements
must
be
met,
what
steps
need
to
be
taken,
who
should
be
involved
in
implementing
the
transaction
and
how
long
it
is
likely
to
take.
"We
believe
our
expertise
and
experience,
as
demonstrated
in
the
Guide
and
Online
Planner,
can
help
our
clients
achieve
their
goals
more
quickly
and
more
effectively,"
says
Thomas
Meyding.
The
CMS
Guide
to
Cross-Border
Mergers,
including
access
to
the
Online
Planner,
is
available
from
CMS
Hasche
Sigle.
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