|
|
Article: Developments In M&A Transactions In Brazil In 2009.(mergers and acqusition)
- Article from:
- Mondaq Business Briefing
- Article date:
- October 26, 2009
CopyrightCOPYRIGHT 2009 Mondaq Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Before addressing any development occurred in Brazil in 2009 which may affect mergers and acquisitions in general - the so-called M&A transactions - it is important outline the legal framework and current scenario in which these negotiations are conducted.
M&A transactions in Brazil are governed by the following legislation and regulations: (i) Law No. 10.406, of January 10, 2002 (the Brazilian Civil Code)1; (ii) Law No. 6.404, of December 15, 1976, as amended (the Corporation Law)2; (iii) Law No. 6.385, of December 7, 1976, as amended (the Securities Law)3; (iv) rulings of the Brazilian Securities and Exchange Commission (Comissao de Valores Mobili rios - CVM)4; ...