Is that takeover offer too good to be true?
IT’S Friday afternoon and you get a phone call from an unknown number. The caller is ringing on behalf of a third party that wants to buy your company. What’s your first thought?
Perhaps you’d feel a strange cocktail of excitement and fear. The buyer’s price sounds good – excellent, even – but your mind instantly goes to all the messy paperwork and ownership you’ve been meaning to sort out for years but never got around to. That’s where the fear comes in.
Most business owners would also assume that the legwork of selling will be done by them. No one knows the company better, so they should handle the acquisition process, right?
TRENDING NOW
Changes to EV incentives, uncertainty over COE framework drive Category A premium to a new high in ‘re-run of 2025 mania’
Employers want AI-fluent employees. Hiring them is the challenge
What makes a good job? Feeling that you matter
Targeted credit relief: Vietnam steers funding to Vingroup, Sun Group, Masterise megaprojects