M&A Foundations · glossary
The UK Transfer of Undertakings (Protection of Employment) Regulations. On a business or asset sale, employees move to the buyer automatically on their existing terms. A share sale does not trigger TUPE, because the employer does not change. Chapter 3
Explained in Chapter 3, Deal Types and Structures, of M&A Foundations.
The main page for this term is TUPE, in Legal Due Diligence.
Every chapter of M&A Foundations is free to read, including the full training share purchase agreement.
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