This presentation covers:
- overview – why restructure prior to sale?
- step 1: Know the key taxing points: share sale
- step 2: Know your options
- step 3: For share sales, clean up the company
- step 3A: Extract cash
- step 3B: Clean up financing
- step 3C: Mop up minority shareholders
- step 4: Structure with concessions in mind
- step 4A: Move assets into a company for sale
- step 4B: Extract a company from a group
- step 4C: Interpose a new Hold Co above Sale Co
- step 5: Assess value from the purchaser’s perspective.