Completion and post-completion

Share purchase transaction toolkit

The Share purchase transaction toolkit acts as a guide to private company sale and purchase transactions structured as a share purchase. It provides an overview of each phase of a share purchase transaction and the tasks that lawyers are required to complete as part of each phase. The toolkit includes links to checklists, precedents (with drafting notes), forms, Practice Notes and an explanation of the key drafting and negotiating points to consider in share purchase transactions.

See the following Practice Notes (which are part of the Share purchase transaction toolkit):

1. •

   Completion and post-completion phase in share purchase transactions

2. •

   Preparing for and conducting the completion meeting in a share purchase transaction

3. •

   Post-completion actions in a share purchase transaction

for a guide to this phase of a private M&A (share purchase) transaction.

Completion

Private M&A transactions are concluded by way of an exchange of contracts (also known as signing) and completion (also known as closing). At exchange, the parties sign or execute the formal documentation, including the share purchase agreement. At completion, the requisite formalities to complete