by Rachel Roberts | 11 Mar, 2024 | Insights
According to figures from business advisory firm Dow Schofield Watts, cross-border deals accounted for over a quarter of all UK corporate transactions during 2023, though the proportion was lower than the previous year due to a sharp drop in overseas acquisitions by...
by Rachel Roberts | 17 Apr, 2023 | Insights
In 2022, Pandea Global M&A (“Pandea”) member firms completed 238 transactions with a combined value of €3.1 billion, an increase on an already impressive 2021, when 215 deals were completed. Pandea is a global network of selected independent firms primarily...
by Rachel Roberts | 15 Mar, 2023 | Insights
Over half of M&A transactions have a completion accounts mechanism, whereby the purchase price is arrived at by reference to the Target’s net asset value (“NAV”) as at completion. The purchase price is adjusted after completion to reflect the actual net assets of...
by Rachel Roberts | 8 Mar, 2023 | Insights
Definitions: Is every definition self-explanatory? Is there any doubt about the meaning of words? Do all parties use the same words to mean the same thing (e.g., do management accounts include a balance sheet or cash flow statement)? Are there definitions elsewhere in...
by Rachel Roberts | 8 Mar, 2023 | Insights
Contingent consideration and non-cash consideration are increasingly popular mechanisms both for closing deals, bridging a gap in price expectations, and addressing potential risks in post-deal performance. Contingent consideration can take many different forms: An...
by Rachel Roberts | 8 Mar, 2023 | Insights
Determine Acquisition Strategy Identify and define acquisition criteria and strategic rationale Identify potential targets (or acquirers) Approach (or receive approaches) targets or their advisors Phase One Sign non-disclosure agreement(s) (NDAs) Review high-level...
