Deal teams must understand implications for the due diligence and transaction processes.
By Tom Allen of Midaxo,an M&A Leadership Council partner organization
On May 25th, 2018, the major data privacy legislation known as General Data Protection Regulation (GDPR) takes effect. GDPR introduces substantial changes to existing European Union privacy laws and provides a regulatory framework for the treatment of personal data belonging to EU citizens. Given the linkage between personal data exchange and M&A transaction activity, teams engaged in deal making need to understand the implications to their due diligence and transaction processes.