What impact will the merger have on collective agreements?
Following the merger, the company resulting from the merger must continue to observe the terms and conditions laid down in any collective agreement on the same terms as those which previously applied until the date of termination or expiry of the collective agreement or the entry into force or application of another collective agreement. The period may be limited by member states, but not to less than one year (Art.3 III Directive 2001/23/EC).