Based on our experience, aside from stand-alone mergers and acquisitions exercises, debt or corporate restructuring efforts often involve mergers and acquisitions exercises as well. In any jurisdiction, a merger and acquisition deal usually involves a lot of works because of the need to not only synchronize the financial aspects of two or more companies, but also the operating aspects. We have handled various mergers and acquisitions deals whereby we need to handle issues such as negotiations, transfer of licenses, various mergers and acquisitions agreements, and compliance with the prevailing rules and regulations.