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Features
Independent analysis and evaluation
of financial and commercial information prepared at an early stage of the
disposal.
Benefits
* Provides vendor with early notice of issues which may impact bidder's
perception of value so that they can be assessed;
* Provision of independent due diligence to purchasers;
* Facilitates better informed bids at competitive stage of auction thereby
reducing risk of subsequent price reduction;
* Prevents consecutive due diligence by bidders thereby minimising disruption to
business and reducing transaction timetable;
* Helps to limit extent of contract warranties by making full disclosure;
* Helps reduce bidders transaction costs thereby stimulating interest.
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