Document background
The Company Acquisition Agreement is a fundamental transaction document used in mergers and acquisitions in Hong Kong. It is employed when one company or individual(s) intends to acquire another company, either through purchasing shares or assets. The agreement must comply with Hong Kong's legal framework, particularly the Companies Ordinance (Cap. 622) and other relevant legislation. It typically follows extensive due diligence and contains detailed provisions protecting both buyer and seller, including warranties, indemnities, and specific Hong Kong law-compliant completion mechanics. The document is crucial for both private and public company acquisitions, though additional requirements apply for listed companies under Securities and Futures Ordinance regulations. This agreement type requires careful consideration of Hong Kong's stamp duty implications and often includes provisions for regulatory approvals where required.
