The European Commission has published proposals to simplify the European rules governing mergers and divisions. A new Directive is proposed which will amend various company law Directives including 77/91/EEC, 78/855/EEC, 82/891/EEC and 2005/56/EC. According to the Commission, the proposal is intended, inter alia, to reduce the reporting requirements of companies and avoid double reporting.Friday, 26 September 2008
Europe: Commission proposals for simplification of the EU rules on mergers and divisions
The European Commission has published proposals to simplify the European rules governing mergers and divisions. A new Directive is proposed which will amend various company law Directives including 77/91/EEC, 78/855/EEC, 82/891/EEC and 2005/56/EC. According to the Commission, the proposal is intended, inter alia, to reduce the reporting requirements of companies and avoid double reporting.
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