Disclosure Letter – Private M&A – Share Purchase
Type
Practical Guidance
Document type
Precedent
Date
27 Apr 2023
Jurisdiction
Kuwait
Taxonomy
Share Schemes, Private Companies, General Company Law & Business Entities
Copyright
LexisNexis
Letter
[TO BE PRINTED ON THE HEADED NOTEPAPER OF THE SELLER]
For the attention of [insert buyer contact name]
[insert buyer name]
[insert buyer address]
[insert day and month] 20[insert year]
Dear [insert buyer contact name],
Sale of the [entire issued OR substantial part of the] share capital of [insert company name][Limited] (the Company)
We refer to the sale and purchase of the entire issued share capital of the Company pursuant to an agreement (the Agreement) to be entered into today, between [insert seller(s) name(s)] (the Seller[s]) and [insert buyer name] (the Buyer). Words and expressions which are defined in the Agreement shall have the same meanings in this letter, unless the context requires otherwise.