An acquisition is when one company is bought by another. The buying firm may either carry on as a subsidiary of the company, or its business and assets may be transferred to purchasing company.
When carrying out a sale or purchase transaction, commercial lawyers are required to draft, negotiate and advise on a large number of legal documents. This is to ensure that the deal reached between each party is accurately reflected.
There are 3 key documents that are typical in most acquisition transactions:
- Heads of Agreement
- The Sale and Purchase Agreement
- The Disclosure letter
Company disposals occur for a couple of reasons such as, retirement, the next generation of the family are pursuing a different career path or disposal of a non-core division/subsidiary. Disposals can be very demanding and we are able to relieve the pressures from you and ensure that you receive the best value for your company.
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At MW Solicitors, our Mission is "To make quality legal services accessible to everyone" including commercial clients.