| 释义 |
side deal A private deal between two people, usually for the personal benefit of one of them, as a subsidiary to a transaction between the officials of a company, government, etc. For example, the chairman of a public company may agree to encourage the board to welcome a takeover bid, because of a personal profit agreed in some side deal with the bidder. Side deals are rigorously investigated by the Panel on Takeovers and Mergers See: City Code on Takeovers and Mergers. |