Document background
The Share Acquisition Agreement is a fundamental transaction document used in corporate acquisitions under Belgian law when one party wishes to purchase shares in a company from existing shareholders. This document is essential for both private and public company transactions, though its specific requirements may vary depending on the nature of the target company and transaction size. The agreement must comply with the Belgian Companies and Associations Code and other relevant Belgian legislation, including tax and competition laws where applicable. It typically contains detailed provisions covering the transaction mechanics, warranties and representations, conditions precedent, completion requirements, and post-completion obligations. The document is particularly important as it provides legal certainty and protection for both buyers and sellers, establishing clear rights, obligations, and remedies while addressing specific Belgian legal requirements for share transfers.
