Document background
The Share Sale Purchase Agreement is the primary transaction document used in corporate acquisitions where shares of a company are being transferred from one party to another under Belgian law. This document is essential when conducting share-based M&A transactions in Belgium, whether for private or public companies, and must comply with the Belgian Companies and Associations Code and other relevant legislation. It typically includes detailed provisions on purchase price mechanisms, warranties and indemnities, conditions precedent, completion mechanics, and post-completion obligations. The agreement requires careful consideration of Belgian corporate law, tax implications, and potential regulatory requirements, particularly for regulated sectors or transactions meeting certain thresholds. It serves as the foundational document protecting both parties' interests throughout the transaction process and defining their ongoing obligations.
