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2.

A cross-border merger carried out as laid down in subpoint (b) of point 2 Article 119 shall, from the date referred to in Article 129, have the following consequences: all the assets and liabilities of the merging companies shall be transferred to the new company; the members of the merging companies shall become members of the new company; the merging companies shall cease to exist.

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Source: EUR-Lex (Cellar) · retrieved 2026-09-25 · Text as adopted (Official Journal); later amendments are not incorporated in this text.