Financing acquisitions of companies in the UK and the US | Practical Law

Financing acquisitions of companies in the UK and the US | Practical Law

The differences between acquisition financings in the US and the UK are decreasing due to the general globalisation of capital markets, in particular the introduction to the UK of private equity sponsor financing techniques developed in the US. However, some significant differences remain. This chapter examines structuring the acquisition and conditionality and preparation (the need for "certain funds").

Financing acquisitions of companies in the UK and the US

Practical Law UK Articles 5-379-9337 (Approx. 6 pages)

Financing acquisitions of companies in the UK and the US

by Andrew C Shutter and Glen M Scarcliffe, Cleary Gotlieb Steen & Hamilton LLP
Law stated as at 01 Nov 2007United Kingdom, USA (National/Federal)
The differences between acquisition financings in the US and the UK are decreasing due to the general globalisation of capital markets, in particular the introduction to the UK of private equity sponsor financing techniques developed in the US. However, some significant differences remain. This chapter examines structuring the acquisition and conditionality and preparation (the need for "certain funds").