The merger process is a first step in a series of such actions that the AROBS management intends to implement in the long run, with a view to creating a unified operational structure, in order to capitalize on the resources, expertise and synergies of the companies in the group. As a result of the merger, AROBS Transilvania Software will absorb AROBS Development & Engineering, BERG Computers and Nordlogic Software, by transferring their assets and liabilities in full, under the applicable law.
The merger is subject to approval by the Extraordinary General Meeting of Shareholders. Following approval, the companies absorbed will be dissolved without going into liquidation and AROBS Transilvania Software will take over all their rights and obligations. No new shares will be issued and AROBS Transilvania Software’s share capital will remain unchanged. The contracts, employees, licenses and all the other operational elements of the absorbed companies will be transferred automatically to AROBS Transilvania Software.
(English version by Loredana Fratila-Cristescu)