Document background
The Equity Interest Purchase Agreement is a fundamental transaction document used in Australian mergers and acquisitions to facilitate the transfer of ownership in a business through the sale of shares or other equity interests. It is typically employed when acquiring a controlling or significant interest in a company, whether private or public, and must comply with Australian corporate law requirements, including the Corporations Act 2001 (Cth) and ASIC regulations. The agreement comprehensively addresses crucial elements such as purchase price mechanics, conditions precedent, warranties about the business and its assets, tax indemnities, and completion procedures. It may also need to consider foreign investment approvals, competition law compliance, and industry-specific regulations depending on the transaction context.
