Czech Republic

Due Diligence

Due diligence and its use

One of our recent newsletters briefly discussed due diligence. As it only provided basic facts, let’s have a closer look at what due diligence can be used for.

Financial due diligence, and a pig in a poke

Since childhood, we have been told that buying a pig in a poke is not a good idea. In transactions involving the acquisition of a business – that is quite a lot of money – the pig and the poke are first carefully examined and only then bought.