About the authors
Written by Mathilde Chator · Solicitor at Slotine. Mathilde advises on share and asset acquisitions, deal structuring, and corporate transactions.
Reviewed by Maeva Slotine · Founder and Solicitor at Slotine. Maeva oversees the firm’s corporate and M&A practice.
Purchasers and sellers in an M&A transaction often have conflicting interests over whether to structure the deal as a share sale or an asset sale. While purchasers typically favour asset deals and sellers favour share deals, the optimal structure is always negotiated on a case-by-case basis.
Our guide for Legalmondo outlines the main differences between share and asset M&A transactions in Hong Kong, covering their key features, the processes for transferring shares or assets, and the principal transfer taxes involved.
For a detailed breakdown of the key terms and structure of an SPA, see our guide to share purchase agreements in Hong Kong.