How the Swedish Sale of Goods Act Applies to Share Transfers

Co-authored by Thomas Nygren and Sophia Westman Melén of Hamilton & Co

This article first appeared in the IFLR Mergers & Acquisition Yearbook 2004

Introduction

From an overall perspective the corporate acquisition process in Sweden has a striking resemblance to that which applies elsewhere in Europe. The chain of documents required is the same, and even the documents' contents strongly resemble that which is applied in the UK and continental Europe. As in other similar jurisdictions the contract negotiations take place only after the buyer has conducted a thorough investigation of the target company. On a general level, accordingly, there is little that distinguishes the corporate acquisition process in Sweden from that applied elsewhere in Europe. The purpose of this article is to introduce and to describe certain particularities of Swedish law which will not effect the overall acquisitio...

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