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Acquisition agreements cover the contracts by which one party buys a target business, whether by acquiring shares or assets, and set the price, warranties, covenants and closing mechanics. A solicitor drafts and negotiates the share or asset purchase agreement, disclosures schedules, price adjustment provisions, warranties and indemnities, escrow arrangements, and any post‑completion obligations. They coordinate due diligence findings, liaise with the seller and buyer, and ensure the deal completes under the governing law and applicable regulatory approvals.
The solicitor handles drafting and negotiation of warranties, indemnities, disclosure schedules, and price mechanisms, along with the steps needed to complete the deal, such as regulatory clearances, share transfers or asset transfers, and the setting of completion accounts. They manage the interaction between due diligence findings, liability caps, leakage provisions, and any escrow or warranty claim processes.
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