Unit 2 & 3 mergers & amalgamation take over & acquisation

LAW

1. Mergers & Amalgamation Under the Companies Act, 2013 By Anjali Dixit Assistant Professor Faculty of Juridical Sciences Rama University

2. Mergers & Amalgamation

3. Mergers & Amalgamation Merger Merger is the combination of two or more companies which can be merged together either by way of amalgamation or absorption. The combining of two or more companies, is generally by offering the stockholders of one company securities in the acquiring company in exchange for the surrender of their stock.

4. Mergers & Amalgamation Acquisition Acquisition is general sense is acquiring the ownership in the property. In the context of business combinations an acquisition is the purchase by one company of a controlling interest in the share capital of another existing company.

5. Mergers & Amalgamation Takeover Takeover implies acquisition of control of a company which is already registered through the purchase or exchange of shares. Takeover takes place usually by acquisition or purchase from the shareholders of a company their shares at a specified price to the extent of at least controlling interest in order to gain control of the company.

6. Mergers & Amalgamation Amalgamation An amalgamation is a combination of two or more companies into a new entity. Amalgamation is distinct from a merger because neither company involved survives as a legal entity. Instead, a completely new entity is formed to house the combined assets and liabilities of both companies. The term amalgamation has generally fallen out of popular use in countries like the United States, being replaced with the terms merger or consolidation. But it is still commonly used in countries like India . Types of Amalgamation One type of amalgamation similar to a merger pools both companies’ assets and liabilities, and the shareholders’ interests together. All assets of the transferor company become that of the transferee company.

7. Mergers & Amalgamation

8. Mergers & Amalgamation

9. Mergers & Amalgamation

10. Mergers & Amalgamation

11. Mergers & Amalgamation

12. Mergers & Amalgamation Demerger A demerger can take place through a spin-off by distributed or transferring the shares in a subsidiary holding the business to company shareholders carrying out the demerger. The demerger can also occur by transferring the relevant business to a new company or business to which then that company's shareholders are issued shares

13. Mergers & Amalgamation

14. Mergers & Amalgamation

15. Mergers & Amalgamation

16. Mergers & Amalgamation

17. Mergers & Amalgamation

18. Mergers & Amalgamation

19. Mergers & Amalgamation

20. Mergers & Amalgamation

21. Mergers & Amalgamation

22. Mergers & Amalgamation