Article by Retty Anwar Suhardiman, Darrell R. Johnson and Mohamad Kadri
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First published in Global Competition Review’s “Getting The Deal Through - Mergers & Acquisitions 2005″, www.GettingTheDealThrough.com 1 Form What form do business combinations take? In Indonesia, business combinations may take a number of different forms, including mergers, consolidations and acquisitions. Law No.1 of 1995 Regarding Limited Liability Companies (7 March 1995) (the Company Law) introduced the concepts of merger, consolidation and acquisition for business combinations. Previously, mergers, consolidations and acquisitions of companies were made based on contractual arrangements under the Indonesian civil and commercial codes (which are derived from Dutch law)…. |