Today's West Midlands business news from Insider |
Business Matters: Bridging the gap – using deferred consideration in acquisitions | Clare Lang from mfg Solicitors says many buyers structure their purchases of businesses and companies with part of the purchase price being deferred. This is often used as a method of bridging the gap between sellers' – perhaps unrealistic - price expectations, and buyers' views on valuation. Many sellers' price expectations were formed prior to Covid-19 and it is often difficult for buyers to encourage a departure. This has left buyers seeking more inventive ways of satisfying valuation differences. Read More |
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Halfords agreeing £62m acquisition named Deal of the Month | Halfords agreeing a £62m deal to acquire a business behind national brands operating in the tyre and automotive servicing, maintenance and repair market has been named as the Deal of the Month for December. The acquisition means the majority of UK motorists will be within a 20-minute drive of a Halfords garage. Read More |
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Ask the expert: What’s next for digital transformation? | Digital transformation is the integration of digital technology into all areas of a business, including its operations and delivery of services to customers. So how will this affect your business? David Brennan from Gowling WLG sets out a digital transformation roadmap, which provides an insight into how companies can alter business models transforming their strategy, to prepare them for the future. Read More |
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Ask the expert: How do we solve the housing emergency? | One in five people regard housing issues as negatively impacting their mental health. How do we keep up with construction, consider net zero and solve the upscaling problem? Neil Gosling, head of residential development at Shakespeare Martineau, offers his advice. Read More |
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AI software firm eyes job creation | A company which specialises in using data and artificial intelligence software to increase a firm's profit margins has launched a base in Staffordshire and is now looking to create jobs. Read More |
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