Even experienced M&A practitioners can get nervous about the technicalities of completion accounts and the scope for things to go wrong. Ben speaks with Nick Spurrell, Senior Associate at Clifford Chance, who demystifies the topic.

Nick’s two big things that get negotiated are the bridge between the enterprise value and the equity value of the target, and the accounting policies relating to preparation of the completion accounts.

Nick’s big tip for lawyers is to embrace the completion accounts negotiation and technicalities and and not leave them to the accountants.