Mergers and acquisitions of companies, known by the acronym M&A., is a corporate economic strategy. Mergers between business entities assuming the termination of investee companies and the transmission of their assets to a new entity – merger for a new creation – or for an existing one– merger through absorption.

M&A in Spain: Management and control of economic concentration

The management of economic concentration requires a due diligence report. After this, the acquirer prepares a binding offer to the target company which lays down the basics of the concentration contract. The national control of economic concentration aims to obtain the necessary authorisation of the transaction. It achieves this through notification duty, and then a two stage procedural phase.