Divestment of shares in companies under restructuring

Divestment of shares in companies under restructuring

Divestment of shares in companies under restructuring

This explains why the asset deal took place little after the share deal.

Admission of new partners and withdrawal from Partnership;

The transfer of shares requires the agreement of all of the partners.

The transfer of shares requires the agreement of all of the partners.

Instead, the transfer of the shares is comparable to an investment of share capital in HLB.

Assignment of shares: agreement of all shareholders necessary;

Shares are freely transferable without any restrictions.

Transfer of the shares Freely transferable, except in case of transfer to third parties: agreement of the the associates majority Freely transferable

Precisely, concerning the transfer of shares, it requires the unanimous consent of the partners.

Sale price of the shares as of February 19, 2012 €50,000

A first measure that will limit distortions of competition is the divestment of NLB's stakes in […].

to effect the disposal of State's shareholding in NLB (including the necessary powers to ensure the proper execution of all the documents required for effecting the disposal