As part of the M&A process, it is always a necessity to conduct the due diligence. In theory, it would be good to cover all aspects. However, in practice, seldom are many of these DD conducted (mainly due to cost and time concerns).
During my professional working experience, I have only came across limited due diligence conducted (which extends to FDD, LDD and CDD). In this cases, it was conducted due to the deal size and regulatory requirements.
The question is whether such practices will continue to be the case in the Asia context or will it just a good to have in the theoretical aspect?