Protecting Personal Information in M&A Transactions

July 03, 2020 | BY

Susan Mok

Jianwei (Jerry) Fang, Wenpei Yu and Yue Liu of Zhong Lun Law Firm highlight the pitfalls of M&A transactions that involve the transfer of personal information and steps that the buyer can take to limit value risk and to ensure compliance with personal data protection

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Changes were made to protect their citizen's personal data, and the growth of personal information protection has now extended to areas such as M&A transactions

With the increasing digitization of personal information, there have been frequent reported cases all around the world of companies maliciously disclosing or selling personal information in their control in recent years. At the same time, new laws and regulations were enacted in the EU (the General Data Protection Regulation (GDPR)), as well as in China, in which case alignment is made with the GDPR. Changes were made to protect their citizen's personal data, and the growth of personal information protection has now extended to areas such as M&A transactions.