This Chapter is without prejudice to the application of Council Regulation (EC) No 139/2004 [Council Regulation (EC) No 139/2004 of 20 January 2004 on the control of concentrations between undertakings (the EC Merger Regulation) (OJ L 24, 29.1.2004, p. 1).] and Directive (EU) 2017/1132.
Mergers and divisions that result from the application of Directive 2014/59/EU shall not be subject to the obligations laid down in this Chapter.
For the purposes of this Chapter, the following definitions apply:
(1) "merger" means any of the following operations whereby: (a) one or more companies, on being dissolved without going into liquidation, transfer all or parts of their assets and liabilities to another existing company, the acquiring company, in exchange for the issue to their members of securities or shares representing the capital of that acquiring company and, where applicable, a cash payment not exceeding 10 % of the nominal value unless stated otherwise by the applicable national law,
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