Legal Question in Business Law in Nigeria
what is the procedure for merger/transfer of a business division/unit of a public company to an associate private company.the public company has 45%shares in the private company
Asked on 9/17/13, 6:13 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
17.09.2013
Dear Sir / Madam,
The prevailing procedure as laid down by the Company Law Board in Nigeria for merger has to be followed.
Regards,
Answered on 9/17/13, 10:47 am
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