CYPRUS: MERGERS AND ACQUISITIONS
The major legislation that regulates mergers and acquisitions in Cyprus is the Companies Law (Cap. 113). In particular, sections 198-202 contain provisions about mergers, reconstruction and amalgamation of companies, and exchange of shares between two or more companies. Other important legislations are the Control of Concentration Between Enterprises Law (22(I)/ 1999) and the Safeguarding and...
COMPETITION LAW IN CYPRUS
The Association Agreement between Cyprus and the European Economic Community entered into force in the late 1980’s. As a result, Cyprus was obliged to establish legislation for the protection of competition and regulate unfair competition practices.
Specifically, the protection against unfair competition is regulated by the following two legislations:
the Protection of Competition Law (207...