Acquisition of Companies in the State of Qatar
Acquisition of Companies in the State of Qatar and Australia A Comparative Analysis Dr. Zain Al Abdin Sharar Dr. Mohamed AlKhulaifi([·]) Executive Summary In recent years, acquisitions have become an increasingly popular choice for local public shareholding companies in Qatar striving for economic growth, and looking to increase their investment and enter foreign markets.([1]) In response to the importance of acquisitions as a mean of economic concentration and a method for external growth, the Qatari legislatures enacted Law No 3 of 2010 amending some rules of the Commercial Companies Law No. (5) of 2002, and has introduced Chapter 4 which included new rules for acquisitions.([2]) The new rules set out basic procedure, which applies to a friendly acquisition,([3]) when a public shareholding company acquires the shares of another public shareholding company within the State of Qatar.([4]) However, the new rules lack clarity, and do not indicate the goals and ...