1 Answers
Cross border deal means encountering different cultures. Reading the other side can often be challenging. For ex. in some cultures NO is never said so you may need to be attentive and read signs carefully .
Cross border transactions would require much larger pool of advisors as there is a multitude of issues involved. One would, ideally chose advisors who have worked together before and who can pull their respective expertise to address various difficulties and differences.
Tax implications, legal differences, regulatory approvals and complex pension fund matching in different jurisdictions is often a challenge.