What is the LOI and How to do it?
What is the LOI? The letter of intent (LOI) is a paper that is key during the M&A Process. It is formed by the main points of the first agreement made by the Buyer and the Seller. It will be the base of the Sale and Purchase Agreement (SPA). It is significant that all important […]
The Importance of a LOI When Buying a Business
Surely you have heard of the expression “words are gone with the wind.” Keep this phrase in mind when you are planning your M&A strategy. You must understand that there is a great difference between a handshake with verbal agreement and a letter of intent. When buying a business, one must write down everything. It […]