On 3 December 2015, the European Commission published a proposal for a directive which would repeal and codify the following:

  • Sixth Company Law Directive (82/891/EEC) on the division of public limited liability companies;
  • Eleventh Company Law Directive (89/666/EEC) on disclosure requirements in respect of branches;
  • The Cross Border Mergers Directive (2005/56/EC);
  •  Directive 2009/101/EC on coordination of safeguards;
  •  Third Company Law Directive concerning mergers of public limited liability companies (codified) (2011/35/EU); and
  •  Second Company Law Directive on the formation of public limited companies and the alteration and maintenance of their capital (recast) (2012/30/EU).

The full text of the proposal is available here: http://eur-lex.europa.eu/legal-content/EN/TXT/?qid=1452266398361&uri=CELEX:52015PC0616

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