The M&A process includes: NDA, term sheet, due diligence, binding offer, negotiation of transaction documents, and final closing.
A typical M&A transaction begins with signing a Non-Disclosure Agreement (NDA), which protects the parties from disclosing sensitive information. The next step is preparing a term sheet that outlines the key conditions. This is followed by due diligence – a detailed legal financial and tax review of the company.
Based on the findings, the investor may submit the binding offer and the parties negotiate the investment agreement and share purchase agreement. The process ends with signing the documents, satisfying the conditions, and closing, i.e., the transfer of ownership.
Each stage of an M&A process requires legal support – proper preparation and negotiation minimize risks and accelerate the entire process.
Planning a transaction? Talk to our M&A Team