Credence Consultants was established with the objective to provide quality business advisory services with valuation across asset classes as its primary focus
A fairness opinion is an independent professional opinion by a third party on the terms of a business combination.
The board and or management of the companies have a fiduciary responsibility to ensure best practices. A fairness opinion from an independent expert connotes that the board and or management have discharged their fiduciary responsibility. The same shall also help in addressing potential disagreements with stakeholders, if any.
Fairness opinions may be required by companies with respect to cross border acquisitions, exchange ratios for merger/de-mergers and other elements of a business combination.
