Document background
The Company Acquisition Agreement serves as the primary transaction document for corporate acquisitions in Qatar, detailing all aspects of the purchase and sale of a target company. It is used when one entity intends to acquire control of another company through either a share purchase or asset purchase mechanism. The agreement must comply with Qatar's civil law system and specific requirements under the Qatar Commercial Companies Law No. 11 of 2015, particularly regarding foreign ownership restrictions and regulatory approvals. The document typically includes detailed provisions on purchase price mechanisms, warranties and indemnities, conditions precedent, completion mechanics, and post-completion obligations. It requires careful consideration of Qatar's regulatory framework, including competition law, foreign investment regulations, and sector-specific requirements. The agreement often involves complex negotiations and requires input from various stakeholders and professional advisors to ensure all legal and commercial aspects are properly addressed.
