The firm’s mergers and acquisitions team members have extensive experience and are regularly involved in significant mergers and acquisitions transactions either locally, within Cyprus or Greece, or regionally extending beyond the boundaries of the jurisdictions. We have expertise in all stages of M&A’s including negotiations and drafting of agreements and supporting instruments, tax advice on the specific transactions (including group re-structuring), legal due diligence and employment related matters as well as on matters of competition and anti-trust law.
Our team advises on the full range of deal structures from public takeovers/tender offers through to divestments, auctions and de-mergers in Cyprus and abroad and is able to coordinate complex transactions successfully, address regulatory requirements, prepare robust documentation, assist in negotiations and offer advice on tax matters. Every such transaction demands the right structure, careful risk analysis and forward planning in order to ensure that the anticipated value of the deal is realized.
The firm’s experience and expertise extends to drafting and negotiating acquisitions and disposals, business and asset purchase and sale agreements, fund structuring and related acquisitions or exits as well as public take-overs including making both unsolicited and recommended offers and defending unwelcome take-over bids.
Payments, Deductions, Payroll, Record Keeping, Penalties. Important provisions on the protection of employees’ wages in accordance with the Protection of Wages Law 35(I)/2007, as amended (the “Protection of Wages Law”): Payments: As a rule, employers must pay employees’ salaries as follows: Cash payments are allowed only in exceptional cases explicitly outlined in the Protection of […]
Yesterday 30 November 2023, the Plenary of the House of Representatives approved the extension of the Debt Restructuring provisions until the 31st December 2024. The Debt Restructuring provisions allow for various tax reliefs and incentives in respect of transactions involving transfer of immovable properties by debtors to lenders, reflected in seven different laws. The context […]
A proposal for a new law regulating the working conditions on Telework in the private sector has been approved by the Plenary of the House of Representatives last Thursday, 16 November 2023. Despite the developments that have taken place in recent years at national level in relation to telework and its gradual implementation by companies, […]