1. A merger carried out as laid down in Article 17(2)(a) shall have the following consequences ipso jure and simultaneously:
(a) all the assets and liabilities of each company being acquired are transferred to the acquiring company;
(b) the shareholders of the company being acquired become shareholders of the acquiring company;
(c) the company being acquired ceases to exist;
(d) the acquiring company adopts the form of an SE.
2. A merger carried out as laid down in Article 17(2)(b) shall have the following consequences ipso jure and simultaneously:
(a) all the assets and liabilities of the merging companies are transferred to the SE;
(b) the shareholders of the merging companies become shareholders of the SE;
(c) the merging companies cease to exist.
3. Where, in the case of a merger of public limited-liability companies, the law of a Member State requires the completion of any special formalities before the transfer of certain assets, rights and obligations by the merging companies be
…