But it erodes the financial rationale of the deal.
"They understood the strategic and financial rationale," Mr. Becht told DealBook in a telephone interview.
"They understood the strategic and financial rationale," Bart Becht, Coty's chairman, said in a telephone interview on Monday.
The environmental implications, particularly in the event of a disaster, of shipping highly radioactive cargo around the world are all the obvious; the financial rationale is equally flawed.
It is not clear, however, that the city's financial rationale means much to officers, for whom pay has become an emotional issue.
Our proposal had significant strategic merit and compelling financial rationale and our approach had always been friendly," Murdoch said in a statement.
This is the financial rationale for what used to be called Asian "alliance capitalism", and has now come to be maligned as "crony capitalism".
It said the strategic and financial rationale for buying Invensys was "compelling" and that an "enlarged group would significantly expand its access to key electro-intensive segments".
So the financial rationale for entry-level cars mostly amounts to what you save on the purchase price, relative to the next car up the ladder.
