Asset sale or JV10 Nov 2019 09:05
M&A due diligence – Due diligence is an exhaustive process that begins when the offer has been accepted; due diligence aims to confirm or correct the acquirer’s assessment of the value of the target company by conducting a detailed examination and analysis of every aspect of the target company’s operations – its financial metrics, assets and liabilities, customers, human resources, etc.
Purchase and sale contracts – Assuming due diligence is completed with no major problems or concerns arising, the next step forward is executing a final contract for sale; the parties will make a final decision on the type of purchase agreement, whether it is to be an asset purchase or share purchase.
(So they appoint churakov to the board who is an investor of the company. Organise a detailed due diligence which has already been carried out by Lesego who are considering a partial acquisition of Eurasia's subsidiaries and joint venture opportunities.)
Will this be a buyout or joint venture. Something will happen. Just going to HOLD these.