Page 35 - UUBO Deal Academy 2020 - Materials
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IDENTIFYING AND MANAGING RISKS





                                 Practical Tips:





                                 ▪      Due diligence is not a substitute for formal contractual protection




                                 ▪      Term sheets subject to due diligence – lawyers to review pre-execution




                                 ▪      Consider sector-specific issues and operational licence terms





                                 ▪      Golden handshakes/parachutes/change of employment terms for senior
                                        management





                                 ▪      Check compliance with employment-related laws




                                 ▪      Consider the new competition regime in Nigeria




                                 ▪      Set realistic timelines for due diligence and transaction itself




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