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Purchasers can now also be asked to give binding undertakings, theoretically enforceable through the courts.
Solemn and binding undertakings from Pfizer without serious sanctions by the government as a dominant customer would be a worthless placebo which we mustn't swallow".
It made the pledges in legally binding undertakings, the first time a company has done so since rules were introduced last year amid concerns about foreign takeovers of UK companies.
The trick, of course, is finding a way to relax the strict legal rule to avoid the morally repugnant result, without abandoning altogether the principle that sovereign-debt contracts are intended to be legally binding undertakings".
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Now Leighton is proposing either "binding governance undertakings" restricting the influence of ACS, or (more drastically) limiting its initial voting rights to 20%.
Assign start and closing dates to all undertakings, as well as undertaking durations.
Enormous undertakings followed.
But joint undertakings have failed before.
Those are traditionally much riskier undertakings".
New industrial undertakings, however, also appeared.
Mr. Rouse, 53, is no stranger to ambitious undertakings.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com