Biffa Directors definition
Examples of Biffa Directors in a sentence
The Biffa Directors, who have been so advised by ▇▇▇▇▇▇▇▇▇▇ & Co as to the financial terms of the Acquisition, consider the terms of the Acquisition to be fair and reasonable.
In providing its advice, Rothschild & Co has taken into account the commercial assessments of the Biffa Directors.
Rothschild & Co is providing independent financial advice to the Biffa Directors for the purposes of Rule 3 of the Code.
The Biffa Directors, in considering the terms of the Acquisition (including the Acquisition Price) and their recommendation of the Acquisition, have also taken into account the potential outcomes of the Enquiry and the risk of liabilities arising from it.
In providing their advice, ▇▇▇▇▇▇▇▇▇▇ & Co has taken into account the commercial assessments of the Biffa Directors.
In accordance with the reservations included in the announcement by Biffa of 7 June 2022, the Acquisition Price which is being recommended to Biffa Shareholders by the Biffa Directors is lower than the price disclosed by Biffa in its announcement of 7 June 2022.
Based on advice received to date for these broader concerns, noting the early stages of the Enquiry, the Biffa Directors do not consider a liability is likely to arise in respect of these broader concerns and therefore this is treated as a contingent liability, with no provision being recognised in respect of these issues.