Notwithstanding the recent volatility in the U.S. stock market, mergers and acquisitions (M&A) activity should be significant in 2018. With large corporations repatriating cash, perhaps for acquisitions, due to the change in tax laws, and the fact that private equity is sitting on significant dry powder, we are likely to continue to experience a seller’s market. Although the latent nature of many environmental conditions means that environmental due diligence in M&A transactions is never perfect, conducting environmental due diligence and managing environmental risks in a seller’s market present particular challenges.
Tailoring Environmental Due Diligence in a Competitive Bid Process
The existence of a seller’s market makes it more likely that the seller will have to manage…
