In order to implement the European directive on cross-border mergers, the Finnish government just brought before Parliament a bill which amends the existing legislation concerning companies, cooperative and staff representation. (Ref. 070886)
This text concerns public and private limited liability companies, European companies European and national cooperative, limited liability credit institutions, businesses with an analogous status in the real estate sector, such as real estate insurance companies. The future law, which clarifies the current situation and makes it easier for Finnish companies and cooperative to make cross-border mergers, goes beyond the directive’s provisions, notably by facilitating cross-border mergers. In term
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