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Share Sale Transactions – Unlocking a locked box

What are the various ways in which a company balance sheet is calculated on a share sale transaction and how does this affect the purchase price paid by the buyer? In this article, Jack Trickett sets out some of the key differences between “completion accounts” and the so-called “locked box” approach – terms commonly employed in share sale transactions – and what these mean in plain English.

Key elements of a share sale transaction Read More


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