Mergers and Acquisitions
The primary source of legislation relating to public M&A
transactions in the Republic of Cyprus is the Law to Make Provision
for Public Takeover Bids for the Acquisition of Securities of
Companies and Related Matters, Law 41(I)/2009
(“Takeover Law”).
The competent authority responsible for the supervision and
application of the provisions of the Takeover Law is the Cyprus
Securities and Exchange Commission (CySEC).
CySEC also retains the authority to issue directives for
supplementing and/or clarifying any provisions of the Takeover Law.
To the present date, CySEC has issued four directives, which
complement the provisions of the Takeover Law.
In addition to the Takeover Law and the directives, the array of
the legislative arsenal in relation to M&A transactions
comprises of the following legislative instruments:
