What form of transaction is best for your business integration?

On 8 November 2022, the Civil and Commercial Code Amendment Act introduced a new type of business combination known as a ‘merger’, which will be effective from 7 February 2023. 

A merger is where two entities combine and one transfers its business to the other and is dissolved. The remaining entity, or the ‘surviving’ entity, continues its current business and starts operating the transferred business. Unlike an amalgamation, where A + B = C, under a merger A + B = A or B. 

In addition to a merger, there are other options to integrate your expanding business. It is therefore important to understand the legal and tax consequences in order to choose the best form of transaction. 

PwC will hold a free webinar to discuss this new regime and address the legal and tax concerns arising from M&A transactions.

Our webinar will cover a variety of topics shared by our experienced practitioners including:

• The merger transaction and its legal consequences
• M&A transactions including sale of business, share acquisition, amalgamation, entire business transfer, partial business transfer and legal and tax pros and cons under each option
• Key issues for legal and tax due diligence; and
• Key legal and tax issues for share purchase agreements (SPA) and asset purchase agreements (APA)