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Rayner my parade! The importance of specialist advice.
Jemma Brimblecombe
In our ongoing series, "Anatomy of a Deal - The 9-step Guide to Selling Your Business," we've been breaking down the intricate steps involved in selling a business to provide clarity and guidance to business owners embarking on this journey.
In the previous instalments, we've covered crucial aspects such as engaging advisors, drafting heads of terms, conducting due diligence, preparing transaction documents, addressing disclosure, and finalising ancillary documents. Now, as we delve deeper into the intricacies of the deal, we'll explore the pivotal steps that take place during the exchange, completion, and post-completion phases.
In this part 2 of our Anatomy of a Deal blog series, we delve into the complexities of transaction documents, disclosure, and ancillary documents.
Business owners spend many years and a lot of effort building their businesses to the point where they can look to sell it, building a wide range of skills and tactics to deal with issues that arise. However, the process of buying and selling companies is often outside their experience and can seem overwhelming. In the first part of our three-part series, we'll explore the initial stages of the sale process. From engaging advisors to crafting heads of terms, we break down the critical first steps on the path to selling your business.
As of 31 January 2024, significant changes are set to take effect in the certification process for high net worth individuals (HNWI) and sophisticated investors. These amendments, extending across England, Wales, Scotland, and Northern Ireland, will impact the financial promotions landscape, requiring individuals and firms to adapt to the new rules.
The Online Safety Bill recently received Royal Assent and became law in October this year (the “Act”), at which point the Office of Communications (“Ofcom”) was granted broad powers to regulate online service providers. Essential detail concerning the legislative framework within the Act will be disclosed in the course of consultation and stakeholder engagement concerning the secondary legislation, codes of practice and guidance which will underpin the Act.
Jemma Brimblecombe
Charles Richardson
Oliver Oldman
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