What is a merger of partnerships?
This is a procedure that is carried out when one or more companies are dissolved without being liquidated, either to be invested by another or to create a new one.
- National ID of all legal representatives involved.
- Chamber of Commerce certificates of existence and legal representation.
- Minutes of the meeting where the will to merge is expressed and established.
- Financial and consolidated balance sheets.
What is the merger of companies?
It happens when several small companies come together to compete against a larger one in the same sector.
How many types of company mergers are there?
- Absorption: When a company appropriates the assets, liabilities, rights and obligations of another or other dissolved companies, in order to incorporate them into their own.
- Transfusion: When two companies come together for the purpose of creating a new one.
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