take-over

The whole of (legal) acts that relate to a company take-over. A company can be transferred by a transfer of assets The assets of a Company reflect the value of all that the company possesses
» Meer over assets assets and liabilities or -if the company’s capital is divided in share The portion of registered capital of a private or public limited company
» Meer over share shares- a transfer of shares ( share The portion of registered capital of a private or public limited company
» Meer over share stocks).

Contracting parties are in a great extent free to decide the terms and scope of the transfer. However,  in relation to existing employees they must follow Legislation. Legislation also provides for a right of substitution of the acquiring company in the lease contract.