Letter of Intent (LoI)
What is a letter of intent?
The letter of intent is a binding/non-binding written declaration of intent between two or more contracting parties to conclude an envisaged contract on the terms agreed in the LoI. In the M&A business, the buyer announces in the LoI its intention to acquire the target company under certain conditions or at a certain purchase price. In addition to the declaration of intent, it is common for the letter of intent to contain provisions on confidentiality obligations, exclusivity and on the break-up fee or reimbursement of transaction costs.
Back to overview
contact
How can we help you?
Are you also toying with the idea of selling your company or bringing in a new business partner? We would be happy to take care of your project. Benefit from our many years of expertise and the large network of specialists and investors. Feel free to make an appointment for an initial consultation.
Write us