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But it added that it was "committed to only doing a transaction that provides substantial benefits for our shareholders".
"We're doing a transaction," she winks conspiratorially, and I immediately think "drugs!", but it is only 11 in the morning and, as a middle-class mother of two young children, drugs can't be at the top of McCrory's list of priorities, even if at times she felt driven to them.
When they're doing a transaction with just one other party, they have to reserve a significant amount of capital to the extent they can do it in a central fund, and the fund is providing backstop for all the other players.
"While it is our hope that the due-diligence process will reinforce both the strategic and financial rationale behind the deal, we are committed to only doing a transaction that provides substantial benefits for our shareholders," it said.
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§ 370.36 When does a transaction request become effective?
"We thought it was the right time to do a transaction," Mr. Perelman said in an interview this week.
"We want to do a transaction that has the support of the Mothercare board and we want to engage with them on a friendly basis.
"When you do a transaction in Kazakhstan, you need the government's approval," he said, adding that UrAsia had indeed received that approval.
U.S. banks would "clearly not commit to do a transaction that has any significant Iranian aspects to it without going through serious analysis," Kevin Barnard, a partner with White & Case in New York, told The Tribune.
Only when the option is exercised does a transaction with tax and bottom-line implications take place.
If you want to do a transaction, you insert your card into the reader just as a store clerk would then type in a password.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com