Examples of using Cross-border merger in English and their translations into Hungarian
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In order to protect the interests of members and others, both the common draft terms of the cross-border merger and the completion of the cross-border merger Ö should Õ be publicised for each merging company via an entry in the appropriate public register.
However, evaluation of these rules shows that there is a need for modifications in cross-border merger rules, especially with a view to ensuring adequate protection for workers,
A Member State may, in the case of companies participating in a cross-border merger and governed by its law, adopt provisions designed to ensure appropriate protection for minority members who have opposed the cross-border merger. .
Before the decision on each report is made, the representatives of the employees of the companies carrying out the cross-border merger or, if there are no representatives, the employees themselves, should be informed of
The laws of the Member States Ö should Õ allow the cross-border merger of a national limited liability company with a limited liability company from another Member State if the national law of the relevant Member States permits mergers between such types of company.
the use of common trading platforms, and the cross-border merger of stock exchanges( e.g. Euronext).
a key instrument for companies looking to develop cross-border merger strategies.
In addition to the official languages of the Member States involved, Member States may provide that companies carrying out the cross-border merger may use a language customary in the sphere of international business and finance in order to draw up the draft terms
State working in the policy fields concerned by this Directive and should where appropriate consult other relevant authorities with competence in the different fields concerned by the cross-border merger.
In addition, in order to strengthen the protection of those creditors in case of insolvency following the cross-border merger, Member States should be allowed to require the merging companies to make a declaration of solvency stating that they are not aware of any reason why the company resulting from the merger should not be able to meet its liabilities.
Where the company resulting from the cross-border merger is operating under an employee participation system, that company shall be obliged to take measures to ensure that employees' participation rights are protected in the event of subsequent domestic mergers for a period of three years after the cross-border merger has taken effect,
In addition, in order to strengthen the protection of those creditors in case of insolvency following the cross-border merger, Member States should be allowed to require the merging companies to make a declaration of solvency stating that they are not aware of any reason why the company resulting from the merger should not be able to meet its liabilities following the cross-border merger. .
In order to facilitate cross-border merger operations, it should be Ö specified Õ that,
(35f) Following the merger, each company carrying out the cross-border merger should continue to observe the terms
However, Member States may take measures where justified by the overriding reason of the public interest in the prevention of fraud as regards the identity of the persons representing the companies carrying out the cross-border merger require a physical presence before a competent authority of a Member State in which the relevant information and documents are required to be submitted.
policy fields concerned by this Directive and shall where appropriate consult other relevant authorities with competence in the different fields concerned by the cross-border merger.
Member States should also be required to ensure that the cross-border merger corresponds to the actual pursuit of a genuine economic activity,
Member States shall ensure that the companies carrying out the cross-border merger apply not less than two months before the date of the general meeting referred to in Article 126 to the competent authorities of the Member States,
However, if during the two years following the date on which the cross-border merger takes effect, new information concerning the cross-border merger is brought to the attention of the competent authorities, suggesting there has
In a truly European banking market, cross-border mergers would become the norm.