take-over

The whole of (legal) acts that relate to a company take-over. A company can be transferred by a transfer of assets The assets of a Dutch company reflect the value of all that the company possesses
» Meer over assets
assets
and liabilities or -if the company’s capital is divided in share The portion of registered capital of a private or public limited company
» Meer over share
shares
- a transfer of shares ( share The portion of registered capital of a private or public limited company
» Meer over share
stocks
).

Contracting parties in the Netherlands are in a great extent free to decide the terms and scope of the transfer. However,  in relation to existing employees they must follow Dutch legislation. Dutch legislation also provides for a right of substitution of the acquiring company in the lease contract.

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