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Montenegro
Schoenherr Attorneys at Law
The new Montenegrin Companies Act ("Official Gazette of Montenegro", no. 65/20) [Zakon o privrednim društvima] ("Companies Act")
Schoenherr Attorneys at Law
The general procedure applicable to M&A transactions is regulated by the Companies Act. If the target is a joint stock company, specific additional rules that may apply are provided in the Takeover Act and the Securities Act.
Schoenherr Attorneys at Law
In case not all the minority shareholders are willing to sell, a squeeze-out mechanism could be a solution.
Schoenherr Attorneys at Law
The authority with competence over merger control in Montenegro is the Agency for the Protection of Competition [Agencija za zaštitu konkurencije] ("Agency"), established by the 2012 Law on the Protection of Competition.
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