Course description
This webinar offers a useful overview of business acquisitions where only assets are being disposed of and will assist lawyers, accountants and directors to provide commercially aware advice to clients required to raise finance for their companies.
The session is also suitable for those with a working knowledge of the subject, but who would derive benefit from a refresher or a degree of up-skilling.
Join presenter Iain Sim as he discusses the difference between an asset sale and share sale, the advantages and disadvantages of an asset sale, and various stages of the process, including the due diligence questionnaire, exclusivity agreement, heads of terms and more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
This webinar offers a useful overview of business acquisitions where only assets are being disposed of and will assist lawyers, accountants and directors provide better and more commercially aware advice to clients required to raise finance for their companies.
The session is also suitable for those with a working knowledge of the subject, but who would derive benefit from a refresher or a degree of up-skilling.
What You Will Learn
This webinar will cover the following:
- Asset sale v share sale - what’s the difference?
- Advantages and disadvantages of an asset sale
- The process:
- Due diligence questionnaire
- Exclusivity agreement
- Confidentiality agreement
- Heads of terms
- Asset purchase agreement
- Typical warranties and indemnities
- Documents list
- Board minutes
- Logistical issues (assets, properties and individual contracts that require third party consents and the implications for confidentiality)
- Requirement to release securities
- Implications of TUPE
- Tax implications for buyers and sellers (including CT, VAT, LBTT, SDLT and LTT)
- Tax reliefs available
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...