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Regent has considerable experience in handling divestments
for many of the largest companies in the technology industries. Whilst
the process is much the same as the Company Sale (see separate page)
the preparation and organization of the assignment is quite different.
The objectives and priorities of the corporation need to be clearly
established and understood. Sometimes a speedy transaction is the
overriding requirement with valuation a secondary consideration.
The plans of the management team of the unit about to be divested
need to be clearly expressed. Do they wish to consider a management
buy-out? Additionally, the practical and commercial implications
of separation from the main company have to be considered and, if
necessary, some restructuring needs to take place.
It is not unusual for Regent to commit a team of executives to work
confidentially with the corporate management to make all the preparations
for the divestment, long before the sale process commences. This
not only helps maximize the value of the division but it contributes
to the certainty of a satisfactory completion. |