What is an assets/liabilities transaction?

In an asset/liability transaction, the undertaking itself is sold, without the shares in the company (NV or BV) being transferred. Instead, the shares remain in the company, and specific assets, such as individual assets and liabilities, the client base, and the personnel, are transferred to the buyer.

The buyer only takes over the assets, debts, rights, and obligations that are stated in the purchase agreement. It is crucial that the takeover agreement accurately describes which parts of the undertaking are transferred and which are not.