Document background
The Stock Sale Contract is a crucial legal document used in Danish corporate transactions for transferring ownership of company shares from one party to another. It is particularly relevant when acquiring or divesting ownership in Danish companies, whether wholly or partially. The document must comply with Danish corporate law, particularly the Danish Companies Act (Selskabsloven), and includes detailed provisions covering purchase price, payment mechanisms, warranties, representations, conditions precedent, and closing requirements. This agreement type is essential for both private and public company transactions in Denmark, though specific requirements may vary based on the company type and transaction size. The Stock Sale Contract serves as the primary transaction document, incorporating due diligence findings, risk allocations, and post-closing obligations, while reflecting Danish market practices and regulatory requirements.
