Company and Share Sales and Purchases

Buying or selling a business is a significant step, and the way the transaction is structured affects the risk, the tax position and what passes to the buyer. Brewer Wallace Solicitors acts for buyers and sellers across East Yorkshire on both share sales and asset sales, from the first heads of terms to completion.

Share sale or asset sale

In a share sale the buyer takes the company as it stands, including its history and liabilities; in an asset sale the buyer picks up specific assets and the business itself. Each route has different implications, and we help you understand which suits your situation, working alongside your accountant on the tax considerations.

From heads of terms to completion

We help agree the heads of terms, carry out or respond to due diligence, and prepare or review the sale agreement, including the warranties and any indemnities that protect the parties. We then manage the path to exchange and completion, dealing with the conditions and paperwork so the deal completes cleanly.

How we can help

These transactions depend on careful preparation and clear negotiation. To discuss buying or selling a business, please call our Hull office on 01482 228808, or arrange to meet us at our Hull, Bridlington or Hornsea office.

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