Rationale of the Merger and Economic Justification Sample Clauses

Rationale of the Merger and Economic Justification. It is the Parties understanding that the Merger will allow Campofrío to become a leading processed meats company in Europe and will be able to generate significant synergies by combining with GSH. In this sense, the Merging Companies have identified important synergies including sourcing, manufacturing and cross-selling and believe that the Merger affords the best opportunity to achieve these savings. 30 June 2008 The execution of the Merger as well as its terms and conditions has been agreed upon by the Parties on the basis of business and industrial rationale and does not intend nor pursue the granting of control over Campofrío. The Corporate Documents have been agreed between the parties to meet this underlying principle.
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