The Member States may apply Articles 24 and 25 to operations whereby one or more companies are wound up without going into liquidation and transfer all their assets and liabilities to another company, if all the shares and other securities specified in Article 24 of the company or companies being acquired are held by the acquiring company and/or by persons holding those shares and securities in their own names but on behalf of that company.
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New version applies from 20/07/2017 — introduced by Directive (EU) 2017/1132.
48 provisions change.
Article 26 is deleted from 20/07/2017.