AyacheSalama updates

New obligations for SMEs to inform employees before share sales and business transfers
  • Corporate Finance/M&A
  • France
  • 17 December 2014

The Hamon Law has introduced a new obligation for small and medium-sized companies to provide information to employees in case of a contemplated sale of shares or of an ongoing business. The law aims to promote and encourage the acquisition of businesses by their employees, in order to avoid the failure of healthy businesses due to the lack of a buyer.

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