n Without Prejudice - New road for M&As : company law

Volume 9, Issue 5
  • ISSN : 1681-178X



The new Companies Act (71 of 2008) introduces an additional method to achieve corporate combinations into South African law, namely the statutory merger; so-called because the proposed statute will set out the rules governing and the procedure by which a corporate combination could be achieved. The provisions are contained in ss113 and 116, read with s 115.

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