Creative workaround to be data protection compliant when acquiring another business
Having previously acted for our client in the wellness space on several funding rounds, HLaw advised them again on their recent proposed acquisition of a competitor.
HLaw devised an innovative workaround for our client to be able to acquire the assets which they deem most valuable while complying with the relevant data protection regimes.
Organisations are encouraged to be aware of their data protection obligations in all the business decisions they make and should comply with the lawfulness, fairness and transparency principles as required under the current UK and/or EU GDPR regime (as applicable).
Deal/project: Data protection
Date closed: April 2021