Managing Director, London
For many, the M&A transaction is a straightforward one. The price is agreed, contracts are signed, price adjustments are decided amicably between the parties, the keys are handed over and the newly combined businesses start working together successfully. Everyone is happy. However, this is not always borne out in reality. The price agreed may not necessarily reflect the value that, ultimately, was expected, and could at times be wildly different. Once in control, the purchaser may find that what they thought they had bought is not what they actually bought. Disputes can quickly arise, and the legal process soon follows.