James West discusses the differences between US and UK private equity deals in Private Equity News.
The general US approach to transactions over the past few years has been more buyer-friendly than the UK, which can now be considered seller-friendly, even though negotiations and transactions depend ultimately on the relative bargaining positions of the parties involved.
Examples of the differences in approach to transactions include £1 caps on liability for sellers under business warranties in the UK versus. a much more common cap of at least 10% of proceeds in the US.
In...
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