Digging into Possible Fortune 500 Deal Derailment
Nardello & Co. was retained by a Fortune 500 company considering the acquisition of a company with subsidiaries in Asia and Africa. The client was concerned that local agents acting on behalf of the subsidiaries may have been guilty of FCPA violations, which would derail the acquisition. No FCPA violations were identified, but Nardello & Co.’s investigation determined that certain subsidiaries were particularly vulnerable to corruption. As a result, the client planned to proceed with the acquisition with the understanding that certain subsidiaries would be closed.
