Private Company Mergers and Acquisitions
Private company mergers and acquisitions (“M&A”) is the merging of two or more private companies or similar entities. Private company M&A deals with the buying, selling or acquiring of shares in private companies and/or businesses, and the dividing...
Corporate Lawyer – Why You Need One for Your Business
Setting up a business requires a good amount of investment, time and knowledge about the operations as well as the existing regulations and laws in your chosen field. Big corporations rely on the big law firms to handle the legal part of the business. However, for the...
Company law – adequate consideration
Section 40 of the Companies Act No. 71 of 2008 requires that the board of directors of a company issue authorized shares only for adequate consideration to the company, as determined by the board. It is therefore the board, who decides on the terms of the issue as...