Divestiture
·  EPISODE
163
Divestitures from a Legal Perspective
Corp dev plays a huge role in selling a business, but the legal team also plays a crucial role. In this episode, Andrew Gratz, Chief Privacy Officer, and Associate General Counsel at LyondellBasell, talks about what a divestiture looks like from a legal perspective.
HlFGjd6KtCA
726572311

Andrew Gratz, Chief Privacy Officer and Associate General Counsel at LyondellBasell (NYSE: LYB)

Divesting a business is never easy. And while corporate development plays a huge role in the preparation, the legal team also plays a crucial role, but on a very different approach. 

In this episode of the M&A Science Podcast, Andrew Gratz, Chief Privacy Officer, and Associate General Counsel at LyondellBasell, talks about what a divestiture looks like from a legal perspective.

Things you will learn in this episode:

  • Divestitures vs carve-outs
  • When should the legal team be involved in a divestiture 
  • Things to watch out for when selling a business 
  • The importance of first impression on your legal documents 
  • Do's and don'ts of transition service agreements

Andrew Gratz

Andrew manages the seven member legal team responsible for supporting LyondellBasell’s global mergers, acquisitions, divestitures, and other strategic transactions, sales contracts and arrangements ($20+ billion revenue) and capital projects in the Americas, and global government relations and public affairs groups.

He was profiled by the Houston Chronicle for advising senior management through one of the largest Chapter 11 restructurings in U.S. history, and recognized by Modern Counsel magazine for global management skills and legal leadership.

TAKE THE NEXT STEP
Turn what you heard into a repeatable M&A practice.
Explore the Buyer-Led M&A Certification for practical frameworks, tools, and decision-making habits you can apply on your next deal.
Explore certification