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Recent Trends in M&A Deals

In the third of a series of articles on mergers and acquisitions, Michelle Quest and Paul Cooper, partners in KPMG's UK M&A Tax team, consider the recent trends in M&A deals

 
In the third of a series of articles on mergers and acquisitions Michelle Quest and Paul Cooper partners in KPMG's UK M&A Tax team consider the recent trends in M&A deals
 
We have seen a particular trend towards auction processes in recent deals with vendors increasingly using this means to secure the best price for their assets. This has in turn given rise to an increased use of both vendor-initiated due diligence (VDD) and the 'locked box' completion mechanic.
 
As some of these terms are new to tax advisers who don't do M&A work full...

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