Canada :: Transfer of undertakings

◉ Definition: M&A General rules A merger is broadly defined under Section 91 of the Canadian Competition Act to mean “the acquisition or establishment, direct or indirect, by one or more persons, whether by purchase or lease of shares or assets, by amalgamation or by combination or otherwise, of control over or significant interest in the whole or a part of a business of a competitor, supplier, customer or other person …

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