Regal Attorneys provide advice and representation on all the stages of mergers and acquisitions (being the Pre contract stage, Contract stage, Pre completion stage, Completion stage and the Post completion stage). We are in a position to offer an all-embracing range of services in the area of Corporate restructuring under the joint supervision of the Securities and Exchange Commission and the Federal Competition and Consumer Protection Commission (FCCPC) under the Investments and Securities Act (“ISA”), the Securities and Exchange Rules and Regulations (“SERR”) made pursuant to ISA, and the Companies and Allied Matters Act (CAMA) and other Regulatory Authorities such as the Central Bank of Nigeria (CBN) {for regulations of mergers between banks}; Federal High court of Nigeria {which orders the shareholders meetings for the merging companies and further sanctions the merger scheme}; Federal Inland Revenue Service (FIRS) {which gives clearance on capital gains tax payment by merging companies} and the Corporate affairs commission (CAC) {which does the filling and certification of the corporate resolutions and documents to be filed by the merging companies and also registers the merger notice and approval documents}
Our advisory therefore guides our Clients through the implementation of these transactions being that we understand the Procedure for obtaining approval for External Restructuring, Requirements for External Restructuring, Requirements for formal approval and Post approval requirements and thus ensure our clients duly represented in all parts and stages of the restructuring.