Reply To: DD in Distress M&A

#38330
Terry Koh
Participant

While time is crucial in such cases, due diligence is still necessary for the interest of the buyer. It does not mean that due diligence can be neglected just because of the rush of time. Ultimately, the interest and benefit lies within the buyer and responsibility to move the deal forward. Nonetheless, the buyer has to be ethical and not purposely drag on the deal just to negotiate for a better deal.

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