Reply to post: Re: Is this the best HP have?

In-depth: Deloitte and accounts expert both cleared what HPE described as 'contrived' Autonomy sales

I ain't Spartacus Gold badge

Re: Is this the best HP have?

oiseau,

I pretty much always believe in cock-up as an explanation for events ahead of conspiracy.

In this case though HPE couldn't do the kind of due-dilligence that they (and many people on here) would have been expecting. It's commented on in their preliminary due dilligence report how little information Autonomy were giving them - which is in line with takeover practices in London that are different to those in the US. I believe in the US you get much more access to the takeover target's books - whereas over here there's less info given out.

Obviously, if the target really wants to sell, they'll give you whatever access you insist on.

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