In certain instances, a turnaround, recovery or sale of a business is not the optimal solution for stakeholders
In such instances, one of the possible solutions is a wind-down of the business, either as part of an informal process, or a formal process (such as Business Rescue).
The wind-down process aims to wind-down the business as effectively as possible, while maximising value for stakeholders.
The process involves a combination of various procedures, dependent on the specific matter, such as:
- A Mergers & Acquisition process for the sale of the business’ assets.
- The closure and exit of non-saleable, non-performing divisions or assets.
- Minimisation of job losses.
