It is important to note that for mergers and acquisitions to take effect, there is need to follow certain Jurisdiction based policies, for instance, seeking exemptions and or making sure the business entity complies with the respective Anti-Trust or Competition Laws within a certain country.
In order to engage in merger and acquisitions, there is need to provide information concerning the operations of the SMEs, which will include but not limited to the State based Compliance with the laws and regulations concerning Corporate Governance (tax, filing of annual returns, charges, subsidiary, assets, et al.).
The relationship between the Conglomerate One and that of the SMEs is autonomous. Therefore, the liability, be it directly or indirectly, unless stated otherwise, will be based on the respective parties, thus, Conglomerate One or the SMEs individually or as a merger or acquisitions, vertical and horizontal.
Conglomerate One is a platform that will bring together various types of Small Medium-sized Enterprises (the “SMEs”) to realise common goals either through vertical, horizontal and conglomerate relations of every SMEs that exist in the world, not to mention the ones that will emerge as time progresses. The relationships will be based on the concept of merger and acquisition between and or among the SMEs, which shall be under one fundamental organisation, the Conglomerate One. The phrase SMEs has attracted various definitions across the globe, thus, the legislative houses, non-governmental organisations and or financial institutions have all thrown weight into defining and or taking advantage of the challenges coming along with SMEs.
