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By going forward on this basis, Validus is implicitly admitting that it cannot reach a deal while the Allied transaction is pending.
Once all the parameters have been negotiated, all data transmitted, etc., the transaction is pending.
The transaction is pending approval from ACL Bank's shareholders as well as Chinese and Thai regulators.
Here's Nokia: "[T]he transaction is pending approvals from certain antitrust authorities in Asia which are still conducting their reviews".
Speaking to TechCrunch in an interview, Neoh confirmed that he was unable to provide details of the deal itself — since Groupon is a public company and the transaction is pending — but he did explain that it is somewhat an "anomaly".
Similar(55)
Final details of the transaction are pending and the closing is expected by March, said Kim Shreckengost, the executive vice president of AMB Group.
In the seventh inning of that day's game, Ben Cherington, the Red Sox General Manager, informed Valentine that a transaction was pending.
Guidance is pending".
The deal is pending.
A ruling is pending.
The suit is pending.
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CEO of Professional Science Editing for Scientists @ prosciediting.com