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Company wants to sell division A (which isn’t profitable) but not profitable enough to sell alone. Company decides to purchase complementary assets from seller x for division A to increase its value. Business person wants to enter into NDA with prospective buyer of division A. Would you recommend doing separate NDA with buyer and seller x, or a three way NDA with both?
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Senior Counsel

Interviewed at FUJIFILM

3.6
Jan 30, 2024

Company wants to sell division A (which isn’t profitable) but not profitable enough to sell alone. Company decides to purchase complementary assets from seller x for division A to increase its value. Business person wants to enter into NDA with prospective buyer of division A. Would you recommend doing separate NDA with buyer and seller x, or a three way NDA with both?

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