The ROFR would only be triggered should Allana ACCEPT a take-over bid from another entity. In that case the accepted bid could be matched by ICL, and Allana would have accept ICLs bid if no other/ higher bid was made. This just protects ICL in a bidding war situation as ICL would not have to out-bid the competition. The ROFR is non binding, so they wouldn't HAVE to match another bidder, they just have the right to purchase Allana at the same price if they so choose.
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