Transfer of business in Spain: assets or share purchase agreement?
Read the full article: The sale of businesses through a contract of direct trade of shares Read the full article: The transfer of businesses under the asset purchase agreement
Read the full article: The sale of businesses through a contract of direct trade of shares Read the full article: The transfer of businesses under the asset purchase agreement
Read the full article: The Share Purchase Agreement (Signing and Closing)
The Share Purchase Agreement (SPA) is one of the most used contracts in Spain for the purposes of acquiring a mercantile company. Its basic content should include some clauses or contractual promises about the company (warranties) which will bind both parties for the transaction’s success.
The contract of the sale of shares or Share Purchase Agreement, is one of the most useful contracts in the practice of acquiring mercantile companies. It consists of four main phases: the contract of confidentiality, the letter of intent, the due diligence procedure and the signing of the contract of the sale of shares.
The purchase agreement of corporate shares or holdings is a document that establishes conditions that will govern the transfer of the company and it applies to all forms of non-listed companies.
A correct evaluation of both a possible purchase of the assets of a company (asset purchase agreement) or a direct acquisition of stocks and shares (share purchase agreement) will determine the best option to enter the Spanish market.