Introduction

With businesses around the world severely impacted by the Covid-19 pandemic, many may require some form of restructuring in the near future. Even before the pandemic, several sectors in the Nigerian economy were primed for reorganisation, either to meet regulatory requirements, maximise performance or stay afloat, increase economies of scale, increase market share or diversify the company’s business.

While mergers and acquisitions remain the most popular form of corporate restructuring, there are other methods of corporate reorganisations.