Article 411-60 into force since
- Version into force since
If the receiving CIS is French:
The merger takes effect at least thirty days after the date of publication of the proposal;
The exchange ratio of units or shares in the merging CIS for units or shares in the receiving CIS is calculated on the day the merger takes effect;
The net asset value used for cash payments is the same as that used for the merger.
Head of publications: The Executive Director of AMF Communication Directorate. Contact: Communication Directorate – Autorité des marches financiers 17 place de la Bourse – 75082 Paris cedex 02