Keepwell agreement
Appearance
Business administration |
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Management of a business |
A keepwell agreement is a contract that a parent company will keep a subsidiary solvent.[1][2][3]
References
[edit]- ^ Watts, William. "Evergrande fears send stock market tumbling: Here's what investors need to know about the China property giant". MarketWatch.
- ^ "The Truth About Keepwell Agreements". Investopedia.
- ^ "Keepwell Agreement". Corporate Finance Institute.