M&A Foundations · glossary
The statement agreed shortly before completion showing exactly who pays what to whom, in what order — the price, repayment of the target's debt, advisers' fees. Every euro at completion moves according to the funds flow, so it is checked to the cent. Chapter 15
Explained in Chapter 15, Completion and Beyond, of M&A Foundations.
Every chapter of M&A Foundations is free to read, including the full training share purchase agreement.
Related terms
Where this term lives
This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open M&A Foundations → · All terms A–Z →